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1716 W Clear Lake Dr, Salisbury, MD 21804

3 beds • 2 baths • 1758 sqft

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This property looks like a bad Airbnb investment with a projected -11.38% first-year return on $86,754 initial cash invested.

-11.38%

Cash On Cash

3.61%

Cap Rate

0.57

DSCR

$2,193

Rent

-$823

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,193 income − $3,016 expenses = $823 out of pocket

Income$2,193Out of Pocket$823Mortgage P&I$1,72078%Property Taxes$1658%Insurance$703%HOA$8Management$32915%CapEx$884%Maintenance$884%Other$54825%

Investment Breakdown

|

Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,193

Total Expenses

$3,016

Mortgage P&I

78%

$1,720

Property Taxes

8%

$165

Home Insurance

3%

$70

HOA

0%

$8

Property Management

15%

$329

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$548

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