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$4,674 (target)

6720 W Lakeridge Rd, New Market, MD 21774

3 beds • 3 baths • 2868 sqft

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This property looks like a bad Mid-Term investment with a projected -7.99% first-year return on $156k initial cash invested.

-7.99%

Cash On Cash

4.28%

Cap Rate

0.73

DSCR

$4,674

Rent

-$1,037

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,674 income − $5,711 expenses = $1,037 out of pocket

Income$4,674Out of Pocket$1,037Mortgage P&I$3,18968%Property Taxes$53211%Insurance$2455%HOA$1563%Management$56112%CapEx$1874%Vacancy$1403%Maintenance$1874%Other$51411%

Investment Breakdown

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Purchase Price

$656k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$131k

Closing costs

1%

$6,562

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,674

Total Expenses

$5,711

Mortgage P&I

68%

$3,189

Property Taxes

11%

$532

Home Insurance

5%

$245

HOA

3%

$156

Property Management

12%

$561

CapEx

4%

$187

Vacancy

3%

$140

Maintenance

4%

$187

Other

11%

$514

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