REI Lense

REI Lense

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$2,930 (target)

23008 Hopton Ln, Leonardtown, MD 20650

3 beds • 3 baths • 2688 sqft

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This property looks like a bad Long-Term investment with a projected -5.93% first-year return on $92,925 initial cash invested.

-5.93%

Cash On Cash

5.04%

Cap Rate

0.86

DSCR

$2,930

Rent

-$459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,930 income − $3,389 expenses = $459 out of pocket

Income$2,930Out of Pocket$459Mortgage P&I$2,17074%Property Taxes$2629%Insurance$1967%Management$29310%CapEx$1465%Vacancy$1766%Maintenance$1465%

Investment Breakdown

|

Purchase Price

$443k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,925

Downpayment

20%

$88,500

Closing costs

1%

$4,425

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,930

Total Expenses

$3,389

Mortgage P&I

74%

$2,170

Property Taxes

9%

$262

Home Insurance

7%

$196

HOA

0%

$0

Property Management

10%

$293

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

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