REI Lense

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$4,119 (target)

402 Joyce Dr, Glen Burnie, MD 21061

3 beds • 2 baths • 1626 sqft

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This property might be a fair Mid-Term investment with a projected 0.57% first-year return on $110k initial cash invested.

0.57%

Cash On Cash

6.65%

Cap Rate

1.1

DSCR

$4,119

Rent

$52

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,119 income − $4,067 expenses = $52 cash flow

Income$4,119Mortgage P&I$2,21054%Property Taxes$3027%Insurance$1544%Management$49412%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45311%Cash Flow$52

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,640

Closing costs

1%

$4,382

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,119

Total Expenses

$4,067

Mortgage P&I

54%

$2,210

Property Taxes

7%

$302

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$494

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$453

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