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$3,408 (target)

43 Briarcrest Dr, Ocean Pines, MD 21811

3 beds • 2 baths • 1308 sqft

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This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $93,222 initial cash invested.

0.88%

Cash On Cash

6.59%

Cap Rate

1.12

DSCR

$3,408

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,408 income − $3,340 expenses = $68 cash flow

Income$3,408Mortgage P&I$1,76452%Property Taxes$2046%Insurance$1384%HOA$762%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$68

Investment Breakdown

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Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,222

Downpayment

20%

$71,640

Closing costs

1%

$3,582

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,408

Total Expenses

$3,340

Mortgage P&I

52%

$1,764

Property Taxes

6%

$204

Home Insurance

4%

$138

HOA

2%

$76

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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