REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,562 (target)

507 Potomac Rd, Joppa, MD 21085

3 beds • 4 baths • 3249 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.94% first-year return on $131k initial cash invested.

7.94%

Cash On Cash

8.83%

Cap Rate

1.4

DSCR

$6,562

Rent

$866

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,562 income − $5,696 expenses = $866 cash flow

Income$6,562Mortgage P&I$2,82343%Property Taxes$4166%Insurance$1843%HOA$431%Management$78712%CapEx$2624%Vacancy$1973%Maintenance$2624%Other$72211%Cash Flow$866

Investment Breakdown

|

Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,372

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,562

Total Expenses

$5,696

Mortgage P&I

43%

$2,823

Property Taxes

6%

$416

Home Insurance

3%

$184

HOA

1%

$43

Property Management

12%

$787

CapEx

4%

$262

Vacancy

3%

$197

Maintenance

4%

$262

Other

11%

$722

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis