REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,851 (target)

615 Canal Ln, Annapolis, MD 21409

3 beds • 2 baths • 1680 sqft

$1,195,000

View on Zillow
Email

This property looks like a bad Mid-Term investment with a projected -18.05% first-year return on $269k initial cash invested.

-18.05%

Cash On Cash

2.09%

Cap Rate

0.35

DSCR

$4,851

Rent

-$4,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,851 income − $8,897 expenses = $4,046 out of pocket

Income$4,851Out of Pocket$4,046Mortgage P&I$5,938122%Property Taxes$89118%Insurance$4189%Management$58212%CapEx$1944%Vacancy$1463%Maintenance$1944%Other$53411%

Investment Breakdown

|

Purchase Price

$1195k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$269k

Downpayment

20%

$239k

Closing costs

1%

$11,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,851

Total Expenses

$8,897

Mortgage P&I

122%

$5,938

Property Taxes

18%

$891

Home Insurance

9%

$418

HOA

0%

$0

Property Management

12%

$582

CapEx

4%

$194

Vacancy

3%

$146

Maintenance

4%

$194

Other

11%

$534

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis