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29734 Allen Rd, Mechanicsville, MD 20659

3 beds • 3 baths • 1920 sqft

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This property looks like a bad Airbnb investment with a projected -14.86% first-year return on $112k initial cash invested.

-14.86%

Cash On Cash

2.5%

Cap Rate

0.42

DSCR

$2,483

Rent

-$1,392

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,483 income − $3,875 expenses = $1,392 out of pocket

Income$2,483Out of Pocket$1,392Mortgage P&I$2,23090%Property Taxes$29412%Insurance$1586%HOA$2Management$37215%CapEx$994%Maintenance$994%Other$62125%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,900

Closing costs

1%

$4,495

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,483

Total Expenses

$3,875

Mortgage P&I

90%

$2,230

Property Taxes

12%

$294

Home Insurance

6%

$158

HOA

0%

$2

Property Management

15%

$372

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$621

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