REI Lense

REI Lense

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$2,692 (target)

29734 Allen Rd, Mechanicsville, MD 20659

3 beds • 3 baths • 1920 sqft

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This property looks like a bad Long-Term investment with a projected -8.81% first-year return on $94,395 initial cash invested.

-8.81%

Cash On Cash

4.46%

Cap Rate

0.75

DSCR

$2,692

Rent

-$693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,385 expenses = $693 out of pocket

Income$2,692Out of Pocket$693Mortgage P&I$2,23083%Property Taxes$29411%Insurance$1586%HOA$2Management$26910%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,395

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,692

Total Expenses

$3,385

Mortgage P&I

83%

$2,230

Property Taxes

11%

$294

Home Insurance

6%

$158

HOA

0%

$2

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

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