REI Lense

REI Lense

Unlock all features! Tap here to upgrade

43 Birdnest Dr, Ocean Pines, MD 21811

3 beds • 2 baths • 1160 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.97% first-year return on $93,453 initial cash invested.

-11.97%

Cash On Cash

3.33%

Cap Rate

0.55

DSCR

$2,499

Rent

-$932

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,499 income − $3,431 expenses = $932 out of pocket

Income$2,499Out of Pocket$932Mortgage P&I$1,82973%Property Taxes$1968%Insurance$1305%HOA$763%Management$37515%CapEx$1004%Maintenance$1004%Other$62525%

Investment Breakdown

|

Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,453

Downpayment

20%

$71,860

Closing costs

1%

$3,593

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,499

Total Expenses

$3,431

Mortgage P&I

73%

$1,829

Property Taxes

8%

$196

Home Insurance

5%

$130

HOA

3%

$76

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$625

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis