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331 McDowell Ave, Hagerstown, MD 21740

3 beds • 2 baths • 1423 sqft

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This property looks like a bad Airbnb investment with a projected -15.51% first-year return on $71,172 initial cash invested.

-15.51%

Cash On Cash

2.52%

Cap Rate

0.38

DSCR

$1,617

Rent

-$920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $2,537 expenses = $920 out of pocket

Income$1,617Out of Pocket$920Mortgage P&I$1,38786%Property Taxes$27017%Insurance$1036%Management$24315%CapEx$654%Maintenance$654%Other$40425%

Investment Breakdown

|

Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,172

Downpayment

20%

$50,640

Closing costs

1%

$2,532

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$1,617

Total Expenses

$2,537

Mortgage P&I

86%

$1,387

Property Taxes

17%

$270

Home Insurance

6%

$103

HOA

0%

$0

Property Management

15%

$243

CapEx

4%

$65

Vacancy

0%

$0

Maintenance

4%

$65

Other

25%

$404

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