REI Lense

REI Lense

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$1,179 (target)

710 Montgomery Ave, Cumberland, MD 21502

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Long-Term investment with a projected -13.13% first-year return on $41,307 initial cash invested.

-13.13%

Cash On Cash

3.83%

Cap Rate

0.62

DSCR

$1,179

Rent

-$452

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,179 income − $1,631 expenses = $452 out of pocket

Income$1,179Out of Pocket$452Mortgage P&I$1,02187%Property Taxes$23320%Insurance$706%Management$11810%CapEx$595%Vacancy$716%Maintenance$595%

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,307

Downpayment

20%

$39,340

Closing costs

1%

$1,967

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,179

Total Expenses

$1,631

Mortgage P&I

87%

$1,021

Property Taxes

20%

$233

Home Insurance

6%

$70

HOA

0%

$0

Property Management

10%

$118

CapEx

5%

$59

Vacancy

6%

$71

Maintenance

5%

$59

Other

0%

$0

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