REI Lense

REI Lense

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$4,820 (target)

2984 Normandy Dr, Ellicott City, MD 21043

3 beds • 4 baths • 1950 sqft

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This property looks like a bad Mid-Term investment with a projected -9.88% first-year return on $181k initial cash invested.

-9.88%

Cash On Cash

3.81%

Cap Rate

0.66

DSCR

$4,820

Rent

-$1,488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,820

Total Expenses

$6,308

Mortgage P&I

78%

$3,754

Property Taxes

13%

$644

Home Insurance

6%

$271

HOA

0%

$0

Property Management

12%

$578

CapEx

4%

$193

Vacancy

3%

$145

Maintenance

4%

$193

Other

11%

$530

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