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$6,076 (target)

278 Lower Magothy Beach Rd, Severna Park, MD 21146

3 beds • 3 baths • 2346 sqft

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This property looks like a bad Mid-Term investment with a projected -0.46% first-year return on $160k initial cash invested.

-0.46%

Cash On Cash

6.25%

Cap Rate

1.05

DSCR

$6,076

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,076 income − $6,137 expenses = $61 out of pocket

Income$6,076Out of Pocket$61Mortgage P&I$3,34155%Property Taxes$4598%Insurance$2404%HOA$321%Management$72912%CapEx$2434%Vacancy$1823%Maintenance$2434%Other$66811%

Investment Breakdown

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Purchase Price

$676k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$135k

Closing costs

1%

$6,763

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,076

Total Expenses

$6,137

Mortgage P&I

55%

$3,341

Property Taxes

8%

$459

Home Insurance

4%

$240

HOA

1%

$32

Property Management

12%

$729

CapEx

4%

$243

Vacancy

3%

$182

Maintenance

4%

$243

Other

11%

$668

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