REI Lense

REI Lense

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$2,231 (target)

5 Little John Ct, Ocean Pines, MD 21811

3 beds • 3 baths • 1616 sqft

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This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $76,797 initial cash invested.

-8.52%

Cash On Cash

4.4%

Cap Rate

0.76

DSCR

$2,231

Rent

-$545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,797

Downpayment

20%

$73,140

Closing costs

1%

$3,657

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,231

Total Expenses

$2,776

Mortgage P&I

79%

$1,773

Property Taxes

10%

$215

Home Insurance

6%

$131

HOA

3%

$76

Property Management

10%

$223

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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