REI Lense

REI Lense

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$2,605 (target)

504 Greenhill Ave, Laurel, MD 20707

3 beds • 2 baths • 920 sqft

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This property looks like a bad Long-Term investment with a projected -11.87% first-year return on $90,279 initial cash invested.

-11.87%

Cash On Cash

3.82%

Cap Rate

0.64

DSCR

$2,605

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,605 income − $3,498 expenses = $893 out of pocket

Income$2,605Out of Pocket$893Mortgage P&I$2,13082%Property Taxes$54221%Insurance$1506%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,279

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,605

Total Expenses

$3,498

Mortgage P&I

82%

$2,130

Property Taxes

21%

$542

Home Insurance

6%

$150

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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