REI Lense

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$4,467 (target)

155 Five Iron Dr, North East, MD 21901

3 beds • 3 baths • 2049 sqft

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This property might be a fair Mid-Term investment with a projected 0.66% first-year return on $116k initial cash invested.

0.66%

Cash On Cash

6.61%

Cap Rate

1.1

DSCR

$4,467

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,467 income − $4,403 expenses = $64 cash flow

Income$4,467Mortgage P&I$2,33252%Property Taxes$3408%Insurance$1724%HOA$401%Management$53612%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49111%Cash Flow$64

Investment Breakdown

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Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,480

Closing costs

1%

$4,674

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,467

Total Expenses

$4,403

Mortgage P&I

52%

$2,332

Property Taxes

8%

$340

Home Insurance

4%

$172

HOA

1%

$40

Property Management

12%

$536

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$491

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