23651 Mount Pleasant Landing Cir, Saint Michaels, MD 21663
3 beds • 3 baths • 2168 sqft
$872,400
View on ZillowThis property looks like a bad Long-Term investment with a projected -18.1% first-year return on $183k initial cash invested.
-18.1%
Cash On Cash
3.04%
Cap Rate
0.46
DSCR
$3,558
Rent
-$2,764
Cashflow
Cash Flow
$3,558 income − $6,322 expenses = $2,764 out of pocket
Investment Breakdown
|
Purchase Price
$872k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$183k
Downpayment
20%
$174k
Closing costs
1%
$8,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,558
Total Expenses
$6,322
Mortgage P&I
135%
$4,799
Property Taxes
11%
$390
Home Insurance
6%
$208
HOA
0%
$0
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0