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219 King George St, Annapolis, MD 21401

3 beds • 3 baths • 1978 sqft

$1,581,700

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This property looks like a bad Airbnb investment with a projected -26.01% first-year return on $350k initial cash invested.

-26.01%

Cash On Cash

1.05%

Cap Rate

0.16

DSCR

$5,815

Rent

-$7,590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,815 income − $13,405 expenses = $7,590 out of pocket

Income$5,815Out of Pocket$7,590Mortgage P&I$8,740150%Property Taxes$1,27822%Insurance$59510%Management$87215%CapEx$2334%Maintenance$2334%Other$1,45425%

Investment Breakdown

|

Purchase Price

$1582k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$350k

Downpayment

20%

$316k

Closing costs

1%

$15,817

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,815

Total Expenses

$13,405

Mortgage P&I

150%

$8,740

Property Taxes

22%

$1,278

Home Insurance

10%

$595

HOA

0%

$0

Property Management

15%

$872

CapEx

4%

$233

Vacancy

0%

$0

Maintenance

4%

$233

Other

25%

$1,454

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