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$2,733 (target)

608 Wellington Ln, Cumberland, MD 21502

3 beds • 3 baths • 3888 sqft

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This property looks like a bad Mid-Term investment with a projected -5.08% first-year return on $89,379 initial cash invested.

-5.08%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$2,733

Rent

-$378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,733 income − $3,111 expenses = $378 out of pocket

Income$2,733Out of Pocket$378Mortgage P&I$1,68462%Property Taxes$37914%Insurance$1194%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,733

Total Expenses

$3,111

Mortgage P&I

62%

$1,684

Property Taxes

14%

$379

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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