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17 Falcon Bridge Rd, Ocean Pines, MD 21811

3 beds • 2 baths • 1343 sqft

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This property looks like a bad Airbnb investment with a projected -7.29% first-year return on $89,442 initial cash invested.

-7.29%

Cash On Cash

4.41%

Cap Rate

0.75

DSCR

$2,920

Rent

-$543

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,442

Downpayment

20%

$68,040

Closing costs

1%

$3,402

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,920

Total Expenses

$3,463

Mortgage P&I

57%

$1,676

Property Taxes

6%

$187

Home Insurance

4%

$122

HOA

3%

$76

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$730

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