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285 Michener Ct E, Severna Park, MD 21146

3 beds • 3 baths • 1836 sqft

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This property looks like a bad Airbnb investment with a projected -14.79% first-year return on $163k initial cash invested.

-14.79%

Cash On Cash

2.79%

Cap Rate

0.47

DSCR

$4,244

Rent

-$2,008

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,244 income − $6,252 expenses = $2,008 out of pocket

Income$4,244Out of Pocket$2,008Mortgage P&I$3,44581%Property Taxes$49212%Insurance$2456%HOA$321%Management$63715%CapEx$1704%Maintenance$1704%Other$1,06125%

Investment Breakdown

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Purchase Price

$690k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,903

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,244

Total Expenses

$6,252

Mortgage P&I

81%

$3,445

Property Taxes

12%

$492

Home Insurance

6%

$245

HOA

1%

$32

Property Management

15%

$637

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,061

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