REI Lense

REI Lense

Unlock all features! Tap here to upgrade

33 Bonney Shores Rd, Elkton, MD 21921

3 beds • 3 baths • 2640 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.92% first-year return on $133k initial cash invested.

-16.92%

Cash On Cash

1.89%

Cap Rate

0.33

DSCR

$2,567

Rent

-$1,874

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,567 income − $4,441 expenses = $1,874 out of pocket

Income$2,567Out of Pocket$1,874Mortgage P&I$2,632103%Property Taxes$34013%Insurance$2369%Management$38515%CapEx$1034%Maintenance$1034%Other$64225%

Investment Breakdown

|

Purchase Price

$547k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$109k

Closing costs

1%

$5,473

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,567

Total Expenses

$4,441

Mortgage P&I

103%

$2,632

Property Taxes

13%

$340

Home Insurance

9%

$236

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$642

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis