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7 Portside Ct, Ocean Pines, MD 21811

3 beds • 2 baths • 1852 sqft

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This property looks like a bad Airbnb investment with a projected -21.21% first-year return on $144k initial cash invested.

-21.21%

Cash On Cash

1.86%

Cap Rate

0.28

DSCR

$2,856

Rent

-$2,545

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,856 income − $5,401 expenses = $2,545 out of pocket

Income$2,856Out of Pocket$2,545Mortgage P&I$3,359118%Property Taxes$33012%Insurance$2107%HOA$1325%Management$42815%CapEx$1144%Maintenance$1144%Other$71425%

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,999

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,856

Total Expenses

$5,401

Mortgage P&I

118%

$3,359

Property Taxes

12%

$330

Home Insurance

7%

$210

HOA

5%

$132

Property Management

15%

$428

CapEx

4%

$114

Vacancy

0%

$0

Maintenance

4%

$114

Other

25%

$714

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