REI Lense

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$2,057 (target)

224 E Irvin Ave, Hagerstown, MD 21742

3 beds • 2 baths • 1459 sqft

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This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $70,644 initial cash invested.

-11.81%

Cash On Cash

4.26%

Cap Rate

0.67

DSCR

$2,057

Rent

-$695

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,057 income − $2,752 expenses = $695 out of pocket

Income$2,057Out of Pocket$695Mortgage P&I$1,78787%Property Taxes$30915%Insurance$1216%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,644

Downpayment

20%

$67,280

Closing costs

1%

$3,364

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,057

Total Expenses

$2,752

Mortgage P&I

87%

$1,787

Property Taxes

15%

$309

Home Insurance

6%

$121

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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