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33 Bonney Shores Rd, Elkton, MD 21921

3 beds • 3 baths • 2640 sqft

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This property looks like a bad Airbnb investment with a projected -16.8% first-year return on $133k initial cash invested.

-16.8%

Cash On Cash

1.92%

Cap Rate

0.33

DSCR

$2,592

Rent

-$1,861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,592 income − $4,453 expenses = $1,861 out of pocket

Income$2,592Out of Pocket$1,861Mortgage P&I$2,632102%Property Taxes$34013%Insurance$2369%Management$38915%CapEx$1044%Maintenance$1044%Other$64825%

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

$2,592

Total Expenses

$4,453

Mortgage P&I

102%

$2,632

Property Taxes

13%

$340

Home Insurance

9%

$236

HOA

0%

$0

Property Management

15%

$389

CapEx

4%

$104

Vacancy

0%

$0

Maintenance

4%

$104

Other

25%

$648

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