REI Lense

REI Lense

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$1,309 (target)

45 New Hampshire Ave, Cumberland, MD 21502

3 beds • 2 baths • 1432 sqft

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This property looks like a bad Long-Term investment with a projected -5.36% first-year return on $34,692 initial cash invested.

-5.36%

Cash On Cash

5.57%

Cap Rate

0.89

DSCR

$1,309

Rent

-$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,309 income − $1,464 expenses = $155 out of pocket

Income$1,309Out of Pocket$155Mortgage P&I$85765%Property Taxes$20816%Insurance$595%Management$13110%CapEx$655%Vacancy$796%Maintenance$655%

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,692

Downpayment

20%

$33,040

Closing costs

1%

$1,652

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,309

Total Expenses

$1,464

Mortgage P&I

65%

$857

Property Taxes

16%

$208

Home Insurance

5%

$59

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$65

Vacancy

6%

$79

Maintenance

5%

$65

Other

0%

$0

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