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$4,371 (target)

2883 Park Ave, Manchester, MD 21102

3 beds • 2 baths • 2228 sqft

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This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $113k initial cash invested.

0.48%

Cash On Cash

6.54%

Cap Rate

1.1

DSCR

$4,371

Rent

$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,371 income − $4,326 expenses = $45 cash flow

Income$4,371Mortgage P&I$2,23251%Property Taxes$44910%Insurance$1584%Management$52512%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48111%Cash Flow$45

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,371

Total Expenses

$4,326

Mortgage P&I

51%

$2,232

Property Taxes

10%

$449

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$481

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