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$2,828 (target)

32 Easton Ave, Ocean Pines, MD 21811

3 beds • 2 baths • 2444 sqft

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This property looks like a bad Long-Term investment with a projected -16.23% first-year return on $106k initial cash invested.

-16.23%

Cash On Cash

3.53%

Cap Rate

0.53

DSCR

$2,828

Rent

-$1,433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,828 income − $4,261 expenses = $1,433 out of pocket

Income$2,828Out of Pocket$1,433Mortgage P&I$2,77498%Property Taxes$32712%Insurance$1806%HOA$2459%Management$28310%CapEx$1415%Vacancy$1706%Maintenance$1415%

Investment Breakdown

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Purchase Price

$505k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,828

Total Expenses

$4,261

Mortgage P&I

98%

$2,774

Property Taxes

12%

$327

Home Insurance

6%

$180

HOA

9%

$245

Property Management

10%

$283

CapEx

5%

$141

Vacancy

6%

$170

Maintenance

5%

$141

Other

0%

$0

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