REI Lense

REI Lense

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$2,196 (target)

8615 Ridge Rd, Ellicott City, MD 21043

3 beds • 4 baths • 1152 sqft

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This property looks like a bad Long-Term investment with a projected -21.2% first-year return on $157k initial cash invested.

-21.2%

Cash On Cash

1.53%

Cap Rate

0.26

DSCR

$2,196

Rent

-$2,782

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,196

Total Expenses

$4,978

Mortgage P&I

165%

$3,625

Property Taxes

23%

$510

Home Insurance

12%

$271

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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