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$2,952 (target)

1551 Augustine Herman Hwy, Elkton, MD 21921

3 beds • 2 baths • 0 sqft

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This property could be a profitable Mid-Term investment with a projected 24.85% first-year return on $47,274 initial cash invested.

24.85%

Cash On Cash

15.54%

Cap Rate

2.55

DSCR

$2,952

Rent

$979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,952 income − $1,973 expenses = $979 cash flow

Income$2,952Mortgage P&I$70824%Property Taxes$743%Insurance$1876%Management$35412%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$979

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,274

Downpayment

20%

$27,880

Closing costs

1%

$1,394

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,952

Total Expenses

$1,973

Mortgage P&I

24%

$708

Property Taxes

3%

$74

Home Insurance

6%

$187

HOA

0%

$0

Property Management

12%

$354

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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