REI Lense

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$3,150 (target)

207 Mechanics Valley Rd, North East, MD 21901

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $85,599 initial cash invested.

3.13%

Cash On Cash

7.09%

Cap Rate

1.22

DSCR

$3,150

Rent

$223

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,150 income − $2,927 expenses = $223 cash flow

Income$3,150Mortgage P&I$1,55249%Property Taxes$1976%Insurance$1083%Management$37812%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$223

Investment Breakdown

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Purchase Price

$322k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,599

Downpayment

20%

$64,380

Closing costs

1%

$3,219

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,150

Total Expenses

$2,927

Mortgage P&I

49%

$1,552

Property Taxes

6%

$197

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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