6108 Delaware Line Reliance Rd, Federalsburg, MD 21659
3 beds • 2 baths • 2160 sqft
$700,000
View on ZillowThis property looks like a bad Mid-Term investment with a projected -17.05% first-year return on $165k initial cash invested.
-17.05%
Cash On Cash
2.72%
Cap Rate
0.42
DSCR
$3,070
Rent
-$2,345
Cashflow
Cash Flow
$3,070 income − $5,415 expenses = $2,345 out of pocket
Investment Breakdown
|
Purchase Price
$700k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$165k
Downpayment
20%
$140k
Closing costs
1%
$7,000
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$3,070
Total Expenses
$5,415
Mortgage P&I
124%
$3,811
Property Taxes
10%
$315
Home Insurance
8%
$245
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338