REI Lense

REI Lense

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$5,859 (target)

8814 Lafayette Dr, Owings, MD 20736

3 beds • 3 baths • 3132 sqft

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This property might be a fair Mid-Term investment with a projected 7.07% first-year return on $128k initial cash invested.

7.07%

Cash On Cash

8.08%

Cap Rate

1.39

DSCR

$5,859

Rent

$756

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,859

Total Expenses

$5,103

Mortgage P&I

43%

$2,545

Property Taxes

7%

$383

Home Insurance

3%

$184

HOA

0%

$0

Property Management

12%

$703

CapEx

4%

$234

Vacancy

3%

$176

Maintenance

4%

$234

Other

11%

$644

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