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169 Providence Rd, Elkton, MD 21921

3 beds • 3 baths • 2510 sqft

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This property looks like a bad Airbnb investment with a projected -23.39% first-year return on $152k initial cash invested.

-23.39%

Cash On Cash

0.32%

Cap Rate

0.05

DSCR

$1,195

Rent

-$2,960

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,195 income − $4,155 expenses = $2,960 out of pocket

Income$1,195Out of Pocket$2,960Mortgage P&I$3,080258%Property Taxes$27423%Insurance$22719%Management$17915%CapEx$484%Maintenance$484%Other$29925%

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

$1,195

Total Expenses

$4,155

Mortgage P&I

258%

$3,080

Property Taxes

23%

$274

Home Insurance

19%

$227

HOA

0%

$0

Property Management

15%

$179

CapEx

4%

$48

Vacancy

0%

$0

Maintenance

4%

$48

Other

25%

$299

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