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 Mid-Term investment with a projected -11.17% first-year return on $201k initial cash invested.
-11.17%
Cash On Cash
4.32%
Cap Rate
0.65
DSCR
$5,337
Rent
-$1,873
Cashflow
Cash Flow
$5,337 income − $7,210 expenses = $1,873 out of pocket
Investment Breakdown
|
Purchase Price
$872k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$201k
Downpayment
20%
$174k
Closing costs
1%
$8,724
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$5,337
Total Expenses
$7,210
Mortgage P&I
90%
$4,799
Property Taxes
7%
$390
Home Insurance
4%
$208
HOA
0%
$0
Property Management
12%
$640
CapEx
4%
$213
Vacancy
3%
$160
Maintenance
4%
$213
Other
11%
$587