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6967 Mandalong Way, New Market, MD 21774

3 beds • 3 baths • 2696 sqft

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This property looks like a bad Airbnb investment with a projected -17.89% first-year return on $178k initial cash invested.

-17.89%

Cash On Cash

1.87%

Cap Rate

0.32

DSCR

$4,002

Rent

-$2,656

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,002 income − $6,658 expenses = $2,656 out of pocket

Income$4,002Out of Pocket$2,656Mortgage P&I$3,68692%Property Taxes$59215%Insurance$2596%HOA$2015%Management$60015%CapEx$1604%Maintenance$1604%Other$1,00025%

Investment Breakdown

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Purchase Price

$763k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$178k

Downpayment

20%

$153k

Closing costs

1%

$7,625

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,002

Total Expenses

$6,658

Mortgage P&I

92%

$3,686

Property Taxes

15%

$592

Home Insurance

6%

$259

HOA

5%

$201

Property Management

15%

$600

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,000

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