REI Lense

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$2,616 (target)

2645 Cox Neck Rd, Chester, MD 21619

3 beds • 2 baths • 1192 sqft

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This property might be a fair Long-Term investment with a projected 0.74% first-year return on $65,163 initial cash invested.

0.74%

Cash On Cash

6.61%

Cap Rate

1.11

DSCR

$2,616

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,616 income − $2,576 expenses = $40 cash flow

Income$2,616Mortgage P&I$1,53959%Property Taxes$2138%Insurance$1405%HOA$3Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%Cash Flow$40

Investment Breakdown

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Purchase Price

$310k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,163

Downpayment

20%

$62,060

Closing costs

1%

$3,103

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,616

Total Expenses

$2,576

Mortgage P&I

59%

$1,539

Property Taxes

8%

$213

Home Insurance

5%

$140

HOA

0%

$3

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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