REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,697 (target)

63 Chatham Ct, Ocean Pines, MD 21811

3 beds • 2 baths • 2052 sqft

Email

This property looks like a bad Long-Term investment with a projected -16.46% first-year return on $102k initial cash invested.

-16.46%

Cash On Cash

3.35%

Cap Rate

0.52

DSCR

$2,697

Rent

-$1,400

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,697 income − $4,097 expenses = $1,400 out of pocket

Income$2,697Out of Pocket$1,400Mortgage P&I$2,62397%Property Taxes$27610%Insurance$1756%HOA$32112%Management$27010%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$486k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,220

Closing costs

1%

$4,861

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,697

Total Expenses

$4,097

Mortgage P&I

97%

$2,623

Property Taxes

10%

$276

Home Insurance

6%

$175

HOA

12%

$321

Property Management

10%

$270

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis