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8 Leslie Mews, Ocean Pines, MD 21811

3 beds • 4 baths • 3350 sqft

$1,258,300

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This property looks like a bad Long-Term investment with a projected -20.94% first-year return on $264k initial cash invested.

-20.94%

Cash On Cash

1.69%

Cap Rate

0.29

DSCR

$3,951

Rent

-$4,611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$264k

Downpayment

20%

$252k

Closing costs

1%

$12,583

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,951

Total Expenses

$8,562

Mortgage P&I

156%

$6,182

Property Taxes

20%

$808

Home Insurance

12%

$464

HOA

2%

$80

Property Management

10%

$395

CapEx

5%

$198

Vacancy

6%

$237

Maintenance

5%

$198

Other

0%

$0

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