REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,960 (target)

6739 W Lakeridge Rd, New Market, MD 21774

3 beds • 2 baths • 1460 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.69% first-year return on $118k initial cash invested.

-5.69%

Cash On Cash

5.08%

Cap Rate

0.83

DSCR

$3,960

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,960 income − $4,521 expenses = $561 out of pocket

Income$3,960Out of Pocket$561Mortgage P&I$2,42561%Property Taxes$39310%Insurance$2015%HOA$1564%Management$47512%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43611%

Investment Breakdown

|

Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,500

Closing costs

1%

$4,775

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,960

Total Expenses

$4,521

Mortgage P&I

61%

$2,425

Property Taxes

10%

$393

Home Insurance

5%

$201

HOA

4%

$156

Property Management

12%

$475

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$436

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis