REI Lense

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$2,428 (target)

918 Guilford Ave, Hagerstown, MD 21740

3 beds • 2 baths • 2474 sqft

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This property looks like a bad Mid-Term investment with a projected -7.28% first-year return on $87,048 initial cash invested.

-7.28%

Cash On Cash

4.38%

Cap Rate

0.74

DSCR

$2,428

Rent

-$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,428 income − $2,956 expenses = $528 out of pocket

Income$2,428Out of Pocket$528Mortgage P&I$1,63167%Property Taxes$38316%Insurance$1175%Management$29112%CapEx$974%Vacancy$733%Maintenance$974%Other$26711%

Investment Breakdown

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Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,048

Downpayment

20%

$65,760

Closing costs

1%

$3,288

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,428

Total Expenses

$2,956

Mortgage P&I

67%

$1,631

Property Taxes

16%

$383

Home Insurance

5%

$117

HOA

0%

$0

Property Management

12%

$291

CapEx

4%

$97

Vacancy

3%

$73

Maintenance

4%

$97

Other

11%

$267

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