REI Lense

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$3,760 (target)

6582 Hemlock Point Rd, New Market, MD 21774

3 beds • 2 baths • 1032 sqft

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This property looks like a bad Mid-Term investment with a projected -4.11% first-year return on $110k initial cash invested.

-4.11%

Cash On Cash

5.49%

Cap Rate

0.9

DSCR

$3,760

Rent

-$377

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,760 income − $4,137 expenses = $377 out of pocket

Income$3,760Out of Pocket$377Mortgage P&I$2,23459%Property Taxes$2948%Insurance$1755%HOA$1564%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41411%

Investment Breakdown

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Purchase Price

$439k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,740

Closing costs

1%

$4,387

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,760

Total Expenses

$4,137

Mortgage P&I

59%

$2,234

Property Taxes

8%

$294

Home Insurance

5%

$175

HOA

4%

$156

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$414

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