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701 Shore Dr, Joppa, MD 21085

3 beds • 2 baths • 1060 sqft

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This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $91,479 initial cash invested.

0.94%

Cash On Cash

6.38%

Cap Rate

1.12

DSCR

$3,026

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,026

Total Expenses

$2,954

Mortgage P&I

55%

$1,667

Property Taxes

4%

$136

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$363

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$333

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