REI Lense

REI Lense

Unlock all features! Tap here to upgrade

7 Royal Oaks Dr, Ocean Pines, MD 21811

3 beds • 3 baths • 1440 sqft

Email

This property looks like a bad Airbnb investment with a projected -11.35% first-year return on $97,275 initial cash invested.

-11.35%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$2,685

Rent

-$920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,685 income − $3,605 expenses = $920 out of pocket

Income$2,685Out of Pocket$920Mortgage P&I$1,89571%Property Taxes$2168%Insurance$1305%HOA$763%Management$40315%CapEx$1074%Maintenance$1074%Other$67125%

Investment Breakdown

|

Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,275

Downpayment

20%

$75,500

Closing costs

1%

$3,775

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,685

Total Expenses

$3,605

Mortgage P&I

71%

$1,895

Property Taxes

8%

$216

Home Insurance

5%

$130

HOA

3%

$76

Property Management

15%

$403

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$671

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis