REI Lense

REI Lense

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$2,149 (target)

29831 Lee Rd, Mechanicsville, MD 20659

3 beds • 2 baths • 1322 sqft

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This property looks like a bad Long-Term investment with a projected -11.44% first-year return on $83,622 initial cash invested.

-11.44%

Cash On Cash

4.01%

Cap Rate

0.66

DSCR

$2,149

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,149 income − $2,946 expenses = $797 out of pocket

Income$2,149Out of Pocket$797Mortgage P&I$2,02294%Property Taxes$22611%Insurance$1407%Management$21510%CapEx$1075%Vacancy$1296%Maintenance$1075%

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,622

Downpayment

20%

$79,640

Closing costs

1%

$3,982

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,149

Total Expenses

$2,946

Mortgage P&I

94%

$2,022

Property Taxes

11%

$226

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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