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$6,866 (target)

2203 Mulberry Hill Rd, Annapolis, MD 21409

3 beds • 3 baths • 4400 sqft

$1,350,000

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This property looks like a bad Mid-Term investment with a projected -14.07% first-year return on $302k initial cash invested.

-14.07%

Cash On Cash

3%

Cap Rate

0.51

DSCR

$6,866

Rent

-$3,534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,866 income − $10,400 expenses = $3,534 out of pocket

Income$6,866Out of Pocket$3,534Mortgage P&I$6,63297%Property Taxes$96114%Insurance$4727%Management$82412%CapEx$2754%Vacancy$2063%Maintenance$2754%Other$75511%

Investment Breakdown

|

Purchase Price

$1350k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$302k

Downpayment

20%

$270k

Closing costs

1%

$13,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,866

Total Expenses

$10,400

Mortgage P&I

97%

$6,632

Property Taxes

14%

$961

Home Insurance

7%

$472

HOA

0%

$0

Property Management

12%

$824

CapEx

4%

$275

Vacancy

3%

$206

Maintenance

4%

$275

Other

11%

$755

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