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2308 229th St, Pasadena, MD 21122

3 beds • 2 baths • 1945 sqft

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This property looks like a bad Airbnb investment with a projected -6.7% first-year return on $107k initial cash invested.

-6.7%

Cash On Cash

4.55%

Cap Rate

0.78

DSCR

$3,750

Rent

-$597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$84,680

Closing costs

1%

$4,234

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,750

Total Expenses

$4,347

Mortgage P&I

55%

$2,052

Property Taxes

9%

$346

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$562

CapEx

4%

$150

Vacancy

0%

$0

Maintenance

4%

$150

Other

25%

$938

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