REI Lense

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$3,065 (target)

15904 Ark Ct, Bowie, MD 20716

3 beds • 3 baths • 1728 sqft

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This property looks like a bad Long-Term investment with a projected -13.61% first-year return on $117k initial cash invested.

-13.61%

Cash On Cash

3.36%

Cap Rate

0.57

DSCR

$3,065

Rent

-$1,327

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,065 income − $4,392 expenses = $1,327 out of pocket

Income$3,065Out of Pocket$1,327Mortgage P&I$2,73489%Property Taxes$67322%Insurance$1896%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

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Purchase Price

$557k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$111k

Closing costs

1%

$5,573

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,065

Total Expenses

$4,392

Mortgage P&I

89%

$2,734

Property Taxes

22%

$673

Home Insurance

6%

$189

HOA

0%

$0

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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