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$4,932 (target)

6801 Lake Point Ct #Ov, New Market, MD 21774

3 beds • 4 baths • 2440 sqft

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This property looks like a bad Mid-Term investment with a projected -2.54% first-year return on $133k initial cash invested.

-2.54%

Cash On Cash

5.82%

Cap Rate

0.97

DSCR

$4,932

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,932 income − $5,212 expenses = $280 out of pocket

Income$4,932Out of Pocket$280Mortgage P&I$2,73055%Property Taxes$48510%Insurance$1924%HOA$1283%Management$59212%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54311%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,454

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,932

Total Expenses

$5,212

Mortgage P&I

55%

$2,730

Property Taxes

10%

$485

Home Insurance

4%

$192

HOA

3%

$128

Property Management

12%

$592

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$543

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