REI Lense

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$2,713 (target)

5968 Grove Hill Rd, Frederick, MD 21703

3 beds • 3 baths • 2044 sqft

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This property looks like a bad Long-Term investment with a projected -10.19% first-year return on $97,776 initial cash invested.

-10.19%

Cash On Cash

4.16%

Cap Rate

0.7

DSCR

$2,713

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,713 income − $3,543 expenses = $830 out of pocket

Income$2,713Out of Pocket$830Mortgage P&I$2,30785%Property Taxes$36613%Insurance$1646%Management$27110%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

|

Purchase Price

$466k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,776

Downpayment

20%

$93,120

Closing costs

1%

$4,656

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,713

Total Expenses

$3,543

Mortgage P&I

85%

$2,307

Property Taxes

13%

$366

Home Insurance

6%

$164

HOA

0%

$0

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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