REI Lense

REI Lense

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$3,414 (target)

6401 Halleck St, District Heights, MD 20747

3 beds • 2 baths • 1410 sqft

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This property looks like a bad Long-Term investment with a projected -2.26% first-year return on $87,045 initial cash invested.

-2.26%

Cash On Cash

5.85%

Cap Rate

1

DSCR

$3,414

Rent

-$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,414 income − $3,578 expenses = $164 out of pocket

Income$3,414Out of Pocket$164Mortgage P&I$2,01559%Property Taxes$53016%Insurance$1454%Management$34110%CapEx$1715%Vacancy$2056%Maintenance$1715%

Investment Breakdown

|

Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,045

Downpayment

20%

$82,900

Closing costs

1%

$4,145

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,414

Total Expenses

$3,578

Mortgage P&I

59%

$2,015

Property Taxes

16%

$530

Home Insurance

4%

$145

HOA

0%

$0

Property Management

10%

$341

CapEx

5%

$171

Vacancy

6%

$205

Maintenance

5%

$171

Other

0%

$0

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