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$4,356 (target)

1518 Ridgely Dr, Edgewater, MD 21037

3 beds • 3 baths • 1425 sqft

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This property looks like a bad Mid-Term investment with a projected -12.96% first-year return on $175k initial cash invested.

-12.96%

Cash On Cash

3.27%

Cap Rate

0.54

DSCR

$4,356

Rent

-$1,895

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,356 income − $6,251 expenses = $1,895 out of pocket

Income$4,356Out of Pocket$1,895Mortgage P&I$3,76286%Property Taxes$74317%Insurance$2626%HOA$3Management$52312%CapEx$1744%Vacancy$1313%Maintenance$1744%Other$47911%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,356

Total Expenses

$6,251

Mortgage P&I

86%

$3,762

Property Taxes

17%

$743

Home Insurance

6%

$262

HOA

0%

$3

Property Management

12%

$523

CapEx

4%

$174

Vacancy

3%

$131

Maintenance

4%

$174

Other

11%

$479

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