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48 Windjammer Rd, Ocean Pines, MD 21811

3 beds • 2 baths • 1585 sqft

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This property looks like a bad Airbnb investment with a projected -9.57% first-year return on $102k initial cash invested.

-9.57%

Cash On Cash

3.71%

Cap Rate

0.64

DSCR

$2,997

Rent

-$813

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,997

Total Expenses

$3,810

Mortgage P&I

64%

$1,928

Property Taxes

8%

$227

Home Insurance

5%

$140

HOA

3%

$76

Property Management

15%

$450

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$749

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