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11 Heather Ct, Elkton, MD 21921

3 beds • 2 baths • 1610 sqft

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This property looks like a bad Airbnb investment with a projected -8.17% first-year return on $90,870 initial cash invested.

-8.17%

Cash On Cash

4.47%

Cap Rate

0.72

DSCR

$3,164

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,164 income − $3,783 expenses = $619 out of pocket

Income$3,164Out of Pocket$619Mortgage P&I$1,78556%Property Taxes$35211%Insurance$1164%HOA$10Management$47515%CapEx$1274%Maintenance$1274%Other$79125%

Investment Breakdown

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Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,164

Total Expenses

$3,783

Mortgage P&I

56%

$1,785

Property Taxes

11%

$352

Home Insurance

4%

$116

HOA

0%

$10

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$791

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