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$3,588 (target)

348 Union Church Rd, Elkton, MD 21921

3 beds • 3 baths • 2104 sqft

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This property looks like a bad Mid-Term investment with a projected -1.06% first-year return on $105k initial cash invested.

-1.06%

Cash On Cash

6.03%

Cap Rate

1.02

DSCR

$3,588

Rent

-$93

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,588 income − $3,681 expenses = $93 out of pocket

Income$3,588Out of Pocket$93Mortgage P&I$2,04357%Property Taxes$2677%Insurance$1494%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$83,300

Closing costs

1%

$4,165

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,588

Total Expenses

$3,681

Mortgage P&I

57%

$2,043

Property Taxes

7%

$267

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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