REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6715 Hemlock Point Rd, New Market, MD 21774

3 beds • 3 baths • 1988 sqft

Email

This property looks like a bad Airbnb investment with a projected -20.49% first-year return on $130k initial cash invested.

-20.49%

Cash On Cash

1.89%

Cap Rate

0.29

DSCR

$2,985

Rent

-$2,227

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,985 income − $5,212 expenses = $2,227 out of pocket

Income$2,985Out of Pocket$2,227Mortgage P&I$2,95199%Property Taxes$47516%Insurance$1896%HOA$1656%Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

|

Purchase Price

$535k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,353

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,985

Total Expenses

$5,212

Mortgage P&I

99%

$2,951

Property Taxes

16%

$475

Home Insurance

6%

$189

HOA

6%

$165

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis