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$3,978 (target)

18 N Reed St, Bel Air, MD 21014

3 beds • 2 baths • 1796 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $96,750 initial cash invested.

3.98%

Cash On Cash

7.42%

Cap Rate

1.26

DSCR

$3,978

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,978 income − $3,657 expenses = $321 cash flow

Income$3,978Mortgage P&I$1,84046%Property Taxes$3348%Insurance$1313%Management$47712%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43811%Cash Flow$321

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,978

Total Expenses

$3,657

Mortgage P&I

46%

$1,840

Property Taxes

8%

$334

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$477

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$438

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