REI Lense

REI Lense

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$2,576 (target)

169 Providence Rd, Elkton, MD 21921

3 beds • 3 baths • 2510 sqft

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This property looks like a bad Long-Term investment with a projected -15.03% first-year return on $134k initial cash invested.

-15.03%

Cash On Cash

2.89%

Cap Rate

0.5

DSCR

$2,576

Rent

-$1,676

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

$134k

Downpayment

20%

$127k

Closing costs

1%

$6,374

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,576

Total Expenses

$4,252

Mortgage P&I

120%

$3,080

Property Taxes

11%

$274

Home Insurance

9%

$227

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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