REI Lense

REI Lense

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$2,372 (target)

40 Fairground Ave, Hagerstown, MD 21740

3 beds • 2 baths • 1434 sqft

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This property might be a fair Mid-Term investment with a projected 4.09% first-year return on $61,596 initial cash invested.

4.09%

Cash On Cash

7.91%

Cap Rate

1.29

DSCR

$2,372

Rent

$210

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

$61,596

Downpayment

20%

$41,520

Closing costs

1%

$2,076

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,372

Total Expenses

$2,162

Mortgage P&I

45%

$1,063

Property Taxes

9%

$217

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$285

CapEx

4%

$95

Vacancy

3%

$71

Maintenance

4%

$95

Other

11%

$261

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