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$3,207 (target)

113 Whitmore Dr, Elkton, MD 21921

3 beds • 2 baths • 1260 sqft

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This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $77,325 initial cash invested.

4.59%

Cash On Cash

7.9%

Cap Rate

1.3

DSCR

$3,207

Rent

$296

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,207 income − $2,911 expenses = $296 cash flow

Income$3,207Mortgage P&I$1,43545%Property Taxes$2728%Insurance$1144%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%Cash Flow$296

Investment Breakdown

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Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,325

Downpayment

20%

$56,500

Closing costs

1%

$2,825

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,207

Total Expenses

$2,911

Mortgage P&I

45%

$1,435

Property Taxes

8%

$272

Home Insurance

4%

$114

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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