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4940 Cardinal Dr, Salisbury, MD 21804

3 beds • 3 baths • 2370 sqft

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This property might be a fair Airbnb investment with a projected 8.44% first-year return on $93,726 initial cash invested.

8.44%

Cash On Cash

8.64%

Cap Rate

1.5

DSCR

$5,212

Rent

$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,212 income − $4,553 expenses = $659 cash flow

Income$5,212Mortgage P&I$1,72933%Property Taxes$1944%Insurance$1292%Management$78215%CapEx$2084%Maintenance$2084%Other$1,30325%Cash Flow$659

Investment Breakdown

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Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,726

Downpayment

20%

$72,120

Closing costs

1%

$3,606

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,212

Total Expenses

$4,553

Mortgage P&I

33%

$1,729

Property Taxes

4%

$194

Home Insurance

2%

$129

HOA

0%

$0

Property Management

15%

$782

CapEx

4%

$208

Vacancy

0%

$0

Maintenance

4%

$208

Other

25%

$1,303

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