REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

7828 Spencer Rd, Glen Burnie, MD 21060

4 beds • 3 baths • 1900 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.2% first-year return on $103k initial cash invested.

-8.2%

Cash On Cash

3.95%

Cap Rate

0.68

DSCR

$3,115

Rent

-$702

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

6%

$24,000

Cashflow

Total Income

$3,115

Total Expenses

$3,817

Mortgage P&I

58%

$1,810

Property Taxes

12%

$380

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$125

Vacancy

0%

$0

Maintenance

4%

$125

Other

25%

$779

Loading map...

Comparable Property

Rent

ADR

Beds

Baths

Distance

WELCOME TO OUR NEWLY BUILT HOUSE

$3,130

$332

4

2.5

1.12 mi

Lux 3BD (4) 2.5BA | EV L2 |Airport & Naval Academy

$3,338

$354

3

2.5

1.7 mi

Starlight Serenity

$3,102

$329

3

2

0.58 mi

Glen Burnie Haven:Our Tranquil Home Away from Home

$3,215

$341

4

2

1.55 mi

104 W Rancho Del Cerro

$2,500

$250

4

2

1.3 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis