REI Lense

REI Lense

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$3,864 (target)

169 Providence Rd, Elkton, MD 21921

3 beds • 3 baths • 2510 sqft

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This property looks like a bad Mid-Term investment with a projected -8.16% first-year return on $152k initial cash invested.

-8.16%

Cash On Cash

4.15%

Cap Rate

0.72

DSCR

$3,864

Rent

-$1,032

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$637k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,374

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,864

Total Expenses

$4,896

Mortgage P&I

80%

$3,080

Property Taxes

7%

$274

Home Insurance

6%

$227

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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