REI Lense

REI Lense

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$1,581 (target)

40 Fairground Ave, Hagerstown, MD 21740

3 beds • 2 baths • 1434 sqft

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This property looks like a bad Long-Term investment with a projected -5.09% first-year return on $43,596 initial cash invested.

-5.09%

Cash On Cash

5.53%

Cap Rate

0.9

DSCR

$1,581

Rent

-$185

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,596

Downpayment

20%

$41,520

Closing costs

1%

$2,076

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,581

Total Expenses

$1,766

Mortgage P&I

67%

$1,063

Property Taxes

14%

$217

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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