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$3,573 (target)

119 Teal Cir, Ocean Pines, MD 21811

3 beds • 2 baths • 1386 sqft

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This property looks like a bad Mid-Term investment with a projected -9.05% first-year return on $135k initial cash invested.

-9.05%

Cash On Cash

3.99%

Cap Rate

0.68

DSCR

$3,573

Rent

-$1,021

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $4,594 expenses = $1,021 out of pocket

Income$3,573Out of Pocket$1,021Mortgage P&I$2,73877%Property Taxes$2738%Insurance$2367%HOA$1324%Management$42912%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%

Investment Breakdown

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Purchase Price

$559k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$135k

Downpayment

20%

$112k

Closing costs

1%

$5,591

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,573

Total Expenses

$4,594

Mortgage P&I

77%

$2,738

Property Taxes

8%

$273

Home Insurance

7%

$236

HOA

4%

$132

Property Management

12%

$429

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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