REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,106 (target)

98 White Horse Dr, Ocean Pines, MD 21811

3 beds • 2 baths • 960 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $73,587 initial cash invested.

3.54%

Cash On Cash

8.14%

Cap Rate

1.23

DSCR

$3,106

Rent

$217

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,106 income − $2,889 expenses = $217 cash flow

Income$3,106Mortgage P&I$1,45547%Property Taxes$1806%Insurance$1224%HOA$762%Management$37312%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34211%Cash Flow$217

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,587

Downpayment

20%

$52,940

Closing costs

1%

$2,647

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,106

Total Expenses

$2,889

Mortgage P&I

47%

$1,455

Property Taxes

6%

$180

Home Insurance

4%

$122

HOA

2%

$76

Property Management

12%

$373

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$342

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis