REI Lense

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$5,552 (target)

12308 Melling Ln, Bowie, MD 20715

3 beds • 2 baths • 1856 sqft

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This property might be a fair Mid-Term investment with a projected 9.19% first-year return on $109k initial cash invested.

9.19%

Cash On Cash

8.84%

Cap Rate

1.5

DSCR

$5,552

Rent

$831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,552 income − $4,721 expenses = $831 cash flow

Income$5,552Mortgage P&I$2,12338%Property Taxes$55810%Insurance$1523%Management$66612%CapEx$2224%Vacancy$1673%Maintenance$2224%Other$61111%Cash Flow$831

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$86,200

Closing costs

1%

$4,310

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,552

Total Expenses

$4,721

Mortgage P&I

38%

$2,123

Property Taxes

10%

$558

Home Insurance

3%

$152

HOA

0%

$0

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$167

Maintenance

4%

$222

Other

11%

$611

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