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22 Watergreen Ln, Ocean Pines, MD 21811

3 beds • 3 baths • 2214 sqft

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This property looks like a bad Long-Term investment with a projected -15.46% first-year return on $127k initial cash invested.

-15.46%

Cash On Cash

2.66%

Cap Rate

0.47

DSCR

$2,633

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$607k

Downpayment

20.0%

Interest Rate

5.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$121k

Closing costs

1%

$6,070

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,633

Total Expenses

$4,275

Mortgage P&I

108%

$2,855

Property Taxes

12%

$316

Home Insurance

11%

$294

HOA

5%

$125

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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