REI Lense

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$3,004 (target)

609 Crestview Ln, Salisbury, MD 21801

3 beds • 3 baths • 2394 sqft

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This property looks like a bad Mid-Term investment with a projected -1.8% first-year return on $94,839 initial cash invested.

-1.8%

Cash On Cash

5.84%

Cap Rate

0.99

DSCR

$3,004

Rent

-$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,004 income − $3,146 expenses = $142 out of pocket

Income$3,004Out of Pocket$142Mortgage P&I$1,80260%Property Taxes$1936%Insurance$1314%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%

Investment Breakdown

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Purchase Price

$366k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,839

Downpayment

20%

$73,180

Closing costs

1%

$3,659

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,004

Total Expenses

$3,146

Mortgage P&I

60%

$1,802

Property Taxes

6%

$193

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

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