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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 Airbnb investment with a projected -25.47% first-year return on $282k initial cash invested.

-25.47%

Cash On Cash

0.3%

Cap Rate

0.05

DSCR

$2,968

Rent

-$5,991

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

$282k

Downpayment

20%

$252k

Closing costs

1%

$12,583

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$2,968

Total Expenses

$8,959

Mortgage P&I

208%

$6,182

Property Taxes

27%

$808

Home Insurance

16%

$464

HOA

3%

$80

Property Management

15%

$445

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$742

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