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$2,947 (target)

1529 Ritchie Ln, Annapolis, MD 21401

3 beds • 3 baths • 1524 sqft

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This property looks like a bad Long-Term investment with a projected -13.73% first-year return on $113k initial cash invested.

-13.73%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$2,947

Rent

-$1,293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,947 income − $4,240 expenses = $1,293 out of pocket

Income$2,947Out of Pocket$1,293Mortgage P&I$2,69191%Property Taxes$46116%Insurance$1896%HOA$1335%Management$29510%CapEx$1475%Vacancy$1776%Maintenance$1475%

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,383

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,947

Total Expenses

$4,240

Mortgage P&I

91%

$2,691

Property Taxes

16%

$461

Home Insurance

6%

$189

HOA

5%

$133

Property Management

10%

$295

CapEx

5%

$147

Vacancy

6%

$177

Maintenance

5%

$147

Other

0%

$0

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