REI Lense

REI Lense

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$4,422 (target)

88 Catalpa Dr, North East, MD 21901

3 beds • 3 baths • 2180 sqft

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This property looks like a bad Mid-Term investment with a projected -1.86% first-year return on $128k initial cash invested.

-1.86%

Cash On Cash

5.7%

Cap Rate

0.99

DSCR

$4,422

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,422 income − $4,621 expenses = $199 out of pocket

Income$4,422Out of Pocket$199Mortgage P&I$2,52257%Property Taxes$4049%Insurance$1844%HOA$7Management$53112%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48611%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,260

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,422

Total Expenses

$4,621

Mortgage P&I

57%

$2,522

Property Taxes

9%

$404

Home Insurance

4%

$184

HOA

0%

$7

Property Management

12%

$531

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$486

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