REI Lense

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$3,780 (target)

263 Thomas Jefferson Ter, Elkton, MD 21921

3 beds • 3 baths • 2570 sqft

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This property looks like a bad Mid-Term investment with a projected -4.56% first-year return on $113k initial cash invested.

-4.56%

Cash On Cash

5.2%

Cap Rate

0.88

DSCR

$3,780

Rent

-$431

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,780 income − $4,211 expenses = $431 out of pocket

Income$3,780Out of Pocket$431Mortgage P&I$2,24959%Property Taxes$47713%Insurance$1574%HOA$431%Management$45412%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41611%

Investment Breakdown

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Purchase Price

$454k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,800

Closing costs

1%

$4,540

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,780

Total Expenses

$4,211

Mortgage P&I

60%

$2,249

Property Taxes

13%

$477

Home Insurance

4%

$157

HOA

1%

$43

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$416

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