REI Lense

REI Lense

Unlock all features! Tap here to upgrade

6739 W Lakeridge Rd, New Market, MD 21774

3 beds • 2 baths • 1460 sqft

Email

This property looks like a bad Airbnb investment with a projected -22.66% first-year return on $118k initial cash invested.

-22.66%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$1,810

Rent

-$2,233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,810 income − $4,043 expenses = $2,233 out of pocket

Income$1,810Out of Pocket$2,233Mortgage P&I$2,425134%Property Taxes$39322%Insurance$20111%HOA$1569%Management$27215%CapEx$724%Maintenance$724%Other$45225%

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

$1,810

Total Expenses

$4,043

Mortgage P&I

134%

$2,425

Property Taxes

22%

$393

Home Insurance

11%

$201

HOA

9%

$156

Property Management

15%

$272

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$452

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis