REI Lense

REI Lense

Unlock all features! Tap here to upgrade

169 Providence Rd, Elkton, MD 21921

3 beds • 3 baths • 2510 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.19% first-year return on $152k initial cash invested.

-23.19%

Cash On Cash

0.37%

Cap Rate

0.06

DSCR

$1,242

Rent

-$2,935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,242 income − $4,177 expenses = $2,935 out of pocket

Income$1,242Out of Pocket$2,935Mortgage P&I$3,080248%Property Taxes$27422%Insurance$22718%Management$18615%CapEx$504%Maintenance$504%Other$31025%

Investment Breakdown

|

Purchase Price

$637k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,374

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,242

Total Expenses

$4,177

Mortgage P&I

248%

$3,080

Property Taxes

22%

$274

Home Insurance

18%

$227

HOA

0%

$0

Property Management

15%

$186

CapEx

4%

$50

Vacancy

0%

$0

Maintenance

4%

$50

Other

25%

$310

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis