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711 Wellham Ave, Glen Burnie, MD 21061

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Long-Term investment with a projected -4.54% first-year return on $71,904 initial cash invested.

-4.54%

Cash On Cash

5.6%

Cap Rate

0.92

DSCR

$2,570

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,904

Downpayment

20%

$68,480

Closing costs

1%

$3,424

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,570

Total Expenses

$2,842

Mortgage P&I

68%

$1,741

Property Taxes

11%

$285

Home Insurance

6%

$149

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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Comparable Property

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Distance

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0.6 mi

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$1,100

2

1

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0.9 mi

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$2,850

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4

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