REI Lense

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$2,837 (target)

2909 Needlewood Ln, Bowie, MD 20716

3 beds • 3 baths • 1396 sqft

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This property looks like a bad Long-Term investment with a projected -10.81% first-year return on $92,127 initial cash invested.

-10.81%

Cash On Cash

4.3%

Cap Rate

0.7

DSCR

$2,837

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,837 income − $3,667 expenses = $830 out of pocket

Income$2,837Out of Pocket$830Mortgage P&I$2,25980%Property Taxes$51618%Insurance$1545%Management$28410%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,127

Downpayment

20%

$87,740

Closing costs

1%

$4,387

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,837

Total Expenses

$3,667

Mortgage P&I

80%

$2,259

Property Taxes

18%

$516

Home Insurance

5%

$154

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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