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151 Sandyhook Rd, Ocean Pines, MD 21811

3 beds • 2 baths • 1548 sqft

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This property looks like a bad Airbnb investment with a projected -14.16% first-year return on $98,493 initial cash invested.

-14.16%

Cash On Cash

2.6%

Cap Rate

0.44

DSCR

$2,328

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,328 income − $3,490 expenses = $1,162 out of pocket

Income$2,328Out of Pocket$1,162Mortgage P&I$1,89982%Property Taxes$26011%Insurance$1386%HOA$763%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

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Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,493

Downpayment

20%

$76,660

Closing costs

1%

$3,833

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,328

Total Expenses

$3,490

Mortgage P&I

82%

$1,899

Property Taxes

11%

$260

Home Insurance

6%

$138

HOA

3%

$76

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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