REI Lense

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$3,351 (target)

3309 Recker Rd, Chesapeake Beach, MD 20732

3 beds • 2 baths • 1856 sqft

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This property looks like a bad Mid-Term investment with a projected -2.39% first-year return on $101k initial cash invested.

-2.39%

Cash On Cash

5.91%

Cap Rate

0.97

DSCR

$3,351

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,351 income − $3,552 expenses = $201 out of pocket

Income$3,351Out of Pocket$201Mortgage P&I$2,01660%Property Taxes$2568%Insurance$1404%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,160

Closing costs

1%

$3,958

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,351

Total Expenses

$3,552

Mortgage P&I

60%

$2,016

Property Taxes

8%

$256

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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