REI Lense

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$3,363 (target)

29822 Donna Dr, Mechanicsville, MD 20659

3 beds • 3 baths • 2227 sqft

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This property looks like a bad Mid-Term investment with a projected -6.89% first-year return on $122k initial cash invested.

-6.89%

Cash On Cash

4.52%

Cap Rate

0.77

DSCR

$3,363

Rent

-$701

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $4,064 expenses = $701 out of pocket

Income$3,363Out of Pocket$701Mortgage P&I$2,43372%Property Taxes$3119%Insurance$1755%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%

Investment Breakdown

|

Purchase Price

$496k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,200

Closing costs

1%

$4,960

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$4,064

Mortgage P&I

72%

$2,433

Property Taxes

9%

$311

Home Insurance

5%

$175

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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