REI Lense

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$2,555 (target)

3320 Lineboro Rd, Manchester, MD 21102

3 beds • 3 baths • 1983 sqft

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This property looks like a bad Long-Term investment with a projected -9.92% first-year return on $93,534 initial cash invested.

-9.92%

Cash On Cash

4.15%

Cap Rate

0.7

DSCR

$2,555

Rent

-$773

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,555 income − $3,328 expenses = $773 out of pocket

Income$2,555Out of Pocket$773Mortgage P&I$2,18586%Property Taxes$32913%Insurance$1496%Management$25610%CapEx$1285%Vacancy$1536%Maintenance$1285%

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,534

Downpayment

20%

$89,080

Closing costs

1%

$4,454

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,555

Total Expenses

$3,328

Mortgage P&I

86%

$2,185

Property Taxes

13%

$329

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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