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307 Glen Ave, Annapolis, MD 21401

3 beds • 3 baths • 1440 sqft

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This property looks like a bad Airbnb investment with a projected -14.93% first-year return on $185k initial cash invested.

-14.93%

Cash On Cash

2.7%

Cap Rate

0.46

DSCR

$4,588

Rent

-$2,305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,588 income − $6,893 expenses = $2,305 out of pocket

Income$4,588Out of Pocket$2,305Mortgage P&I$3,91585%Property Taxes$49511%Insurance$2806%Management$68815%CapEx$1844%Maintenance$1844%Other$1,14725%

Investment Breakdown

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Purchase Price

$797k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,966

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,588

Total Expenses

$6,893

Mortgage P&I

85%

$3,915

Property Taxes

11%

$495

Home Insurance

6%

$280

HOA

0%

$0

Property Management

15%

$688

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,147

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