REI Lense

REI Lense

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$2,671 (target)

17010 Frederick Rd, Mount Airy, MD 21771

3 beds • 2 baths • 1248 sqft

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This property looks like a bad Long-Term investment with a projected -8.73% first-year return on $84,273 initial cash invested.

-8.73%

Cash On Cash

4.52%

Cap Rate

0.76

DSCR

$2,671

Rent

-$613

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,671 income − $3,284 expenses = $613 out of pocket

Income$2,671Out of Pocket$613Mortgage P&I$1,98974%Property Taxes$44117%Insurance$1596%Management$26710%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,273

Downpayment

20%

$80,260

Closing costs

1%

$4,013

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,671

Total Expenses

$3,284

Mortgage P&I

74%

$1,989

Property Taxes

17%

$441

Home Insurance

6%

$159

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

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