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6739 W Lakeridge Rd, New Market, MD 21774

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Airbnb investment with a projected -21.75% first-year return on $118k initial cash invested.

-21.75%

Cash On Cash

0.9%

Cap Rate

0.15

DSCR

$1,982

Rent

-$2,144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,982 income − $4,126 expenses = $2,144 out of pocket

Income$1,982Out of Pocket$2,144Mortgage P&I$2,425122%Property Taxes$39320%Insurance$20110%HOA$1568%Management$29715%CapEx$794%Maintenance$794%Other$49625%

Investment Breakdown

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Purchase Price

$478k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$95,500

Closing costs

1%

$4,775

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,982

Total Expenses

$4,126

Mortgage P&I

122%

$2,425

Property Taxes

20%

$393

Home Insurance

10%

$201

HOA

8%

$156

Property Management

15%

$297

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$496

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