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$3,351 (target)

37362 E Spicer Dr, Mechanicsville, MD 20659

3 beds • 3 baths • 1316 sqft

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This property looks like a bad Mid-Term investment with a projected -6.06% first-year return on $117k initial cash invested.

-6.06%

Cash On Cash

4.91%

Cap Rate

0.81

DSCR

$3,351

Rent

-$591

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,351 income − $3,942 expenses = $591 out of pocket

Income$3,351Out of Pocket$591Mortgage P&I$2,38771%Property Taxes$2608%Insurance$1494%HOA$6Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%

Investment Breakdown

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Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,340

Closing costs

1%

$4,717

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,351

Total Expenses

$3,942

Mortgage P&I

71%

$2,387

Property Taxes

8%

$260

Home Insurance

4%

$149

HOA

0%

$6

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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