REI Lense

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$2,710 (target)

8 Crabapple Ct, Elkton, MD 21921

3 beds • 2 baths • 1372 sqft

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $83,055 initial cash invested.

-8.42%

Cash On Cash

4.66%

Cap Rate

0.77

DSCR

$2,710

Rent

-$583

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,710 income − $3,293 expenses = $583 out of pocket

Income$2,710Out of Pocket$583Mortgage P&I$1,98473%Property Taxes$41915%Insurance$1405%HOA$442%Management$27110%CapEx$1365%Vacancy$1636%Maintenance$1365%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,055

Downpayment

20%

$79,100

Closing costs

1%

$3,955

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,710

Total Expenses

$3,293

Mortgage P&I

73%

$1,984

Property Taxes

15%

$419

Home Insurance

5%

$140

HOA

2%

$44

Property Management

10%

$271

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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