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55 Howes Ln, North East, MD 21901

3 beds • 3 baths • 2344 sqft

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This property looks like a bad Airbnb investment with a projected -21.42% first-year return on $172k initial cash invested.

-21.42%

Cash On Cash

0.95%

Cap Rate

0.16

DSCR

$2,438

Rent

-$3,075

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,438 income − $5,513 expenses = $3,075 out of pocket

Income$2,438Out of Pocket$3,075Mortgage P&I$3,558146%Property Taxes$44418%Insurance$33914%Management$36615%CapEx$984%Maintenance$984%Other$61025%

Investment Breakdown

|

Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,348

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,438

Total Expenses

$5,513

Mortgage P&I

146%

$3,558

Property Taxes

18%

$444

Home Insurance

14%

$339

HOA

0%

$0

Property Management

15%

$366

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$610

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