REI Lense

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130 Boston Dr, Ocean Pines, MD 21811

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Mid-Term investment with a projected -0.66% first-year return on $99,291 initial cash invested.

-0.66%

Cash On Cash

6.09%

Cap Rate

1.04

DSCR

$3,432

Rent

-$55

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,291

Downpayment

20%

$77,420

Closing costs

1%

$3,871

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,432

Total Expenses

$3,487

Mortgage P&I

55%

$1,882

Property Taxes

7%

$228

Home Insurance

4%

$133

HOA

2%

$77

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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