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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 Mid-Term investment with a projected -15.4% first-year return on $282k initial cash invested.

-15.4%

Cash On Cash

2.67%

Cap Rate

0.45

DSCR

$5,926

Rent

-$3,623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1258k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$282k

Downpayment

20%

$252k

Closing costs

1%

$12,583

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,926

Total Expenses

$9,549

Mortgage P&I

104%

$6,182

Property Taxes

14%

$808

Home Insurance

8%

$464

HOA

1%

$80

Property Management

12%

$711

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$652

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