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$3,640 (target)

603 Monterey Ct, Joppa, MD 21085

3 beds • 2 baths • 1848 sqft

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This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $95,637 initial cash invested.

1.82%

Cash On Cash

7.09%

Cap Rate

1.15

DSCR

$3,640

Rent

$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,640 income − $3,495 expenses = $145 cash flow

Income$3,640Mortgage P&I$1,89352%Property Taxes$2346%Insurance$1304%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40011%Cash Flow$145

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,637

Downpayment

20%

$73,940

Closing costs

1%

$3,697

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,640

Total Expenses

$3,495

Mortgage P&I

52%

$1,893

Property Taxes

6%

$234

Home Insurance

4%

$130

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$400

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