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$4,510 (target)

7500 Cove Point Way, Elkridge, MD 21075

3 beds • 3 baths • 1594 sqft

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This property looks like a bad Mid-Term investment with a projected -2.99% first-year return on $107k initial cash invested.

-2.99%

Cash On Cash

6.33%

Cap Rate

0.96

DSCR

$4,510

Rent

-$267

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,510 income − $4,777 expenses = $267 out of pocket

Income$4,510Out of Pocket$267Mortgage P&I$2,32852%Property Taxes$44810%Insurance$1493%HOA$3207%Management$54112%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49611%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,000

Closing costs

1%

$4,250

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,510

Total Expenses

$4,777

Mortgage P&I

52%

$2,328

Property Taxes

10%

$448

Home Insurance

3%

$149

HOA

7%

$320

Property Management

12%

$541

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$496

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