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12329 Gemstone Dr, Hagerstown, MD 21740

3 beds • 2 baths • 1897 sqft

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This property looks like a bad Airbnb investment with a projected -16.99% first-year return on $102k initial cash invested.

-16.99%

Cash On Cash

1.89%

Cap Rate

0.32

DSCR

$2,536

Rent

-$1,444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,536 income − $3,980 expenses = $1,444 out of pocket

Income$2,536Out of Pocket$1,444Mortgage P&I$1,97478%Property Taxes$58323%Insurance$1406%HOA$673%Management$38015%CapEx$1014%Maintenance$1014%Other$63425%

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,536

Total Expenses

$3,980

Mortgage P&I

78%

$1,974

Property Taxes

23%

$583

Home Insurance

6%

$140

HOA

3%

$67

Property Management

15%

$380

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$634

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