REI Lense

REI Lense

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$3,346 (target)

35 Liberty St, Ocean Pines, MD 21811

3 beds • 2 baths • 1148 sqft

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This property might be a fair Mid-Term investment with a projected 0.29% first-year return on $95,070 initial cash invested.

0.29%

Cash On Cash

6.33%

Cap Rate

1.09

DSCR

$3,346

Rent

$23

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,346

Total Expenses

$3,323

Mortgage P&I

53%

$1,779

Property Taxes

6%

$199

Home Insurance

4%

$131

HOA

2%

$76

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$368

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