REI Lense

REI Lense

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$3,702 (target)

7862 Shellye Rd, Glen Burnie, MD 21060

3 beds • 3 baths • 1260 sqft

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This property might be a fair Long-Term investment with a projected 0.82% first-year return on $93,996 initial cash invested.

0.82%

Cash On Cash

6.66%

Cap Rate

1.11

DSCR

$3,702

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,702 income − $3,638 expenses = $64 cash flow

Income$3,702Mortgage P&I$2,23760%Property Taxes$2928%Insurance$1474%Management$37010%CapEx$1855%Vacancy$2226%Maintenance$1855%Cash Flow$64

Investment Breakdown

|

Purchase Price

$448k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,996

Downpayment

20%

$89,520

Closing costs

1%

$4,476

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,702

Total Expenses

$3,638

Mortgage P&I

60%

$2,237

Property Taxes

8%

$292

Home Insurance

4%

$147

HOA

0%

$0

Property Management

10%

$370

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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