REI Lense

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$3,924 (target)

2645 Cox Neck Rd, Chester, MD 21619

3 beds • 2 baths • 1192 sqft

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This property could be a profitable Mid-Term investment with a projected 10.01% first-year return on $83,163 initial cash invested.

10.01%

Cash On Cash

9.24%

Cap Rate

1.55

DSCR

$3,924

Rent

$694

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,924 income − $3,230 expenses = $694 cash flow

Income$3,924Mortgage P&I$1,53939%Property Taxes$2135%Insurance$1404%HOA$3Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$694

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,163

Downpayment

20%

$62,060

Closing costs

1%

$3,103

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,924

Total Expenses

$3,230

Mortgage P&I

39%

$1,539

Property Taxes

5%

$213

Home Insurance

4%

$140

HOA

0%

$3

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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