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509 S 2nd St, Denton, MD 21629

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Airbnb investment with a projected -11.32% first-year return on $104k initial cash invested.

-11.32%

Cash On Cash

3.44%

Cap Rate

0.58

DSCR

$2,820

Rent

-$979

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,820 income − $3,799 expenses = $979 out of pocket

Income$2,820Out of Pocket$979Mortgage P&I$2,03872%Property Taxes$2589%Insurance$1495%Management$42315%CapEx$1134%Maintenance$1134%Other$70525%

Investment Breakdown

|

Purchase Price

$409k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$81,700

Closing costs

1%

$4,085

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,820

Total Expenses

$3,799

Mortgage P&I

72%

$2,038

Property Taxes

9%

$258

Home Insurance

5%

$149

HOA

0%

$0

Property Management

15%

$423

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$705

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