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819 Summit Ave, Hagerstown, MD 21740

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Airbnb investment with a projected -4.39% first-year return on $82,890 initial cash invested.

-4.39%

Cash On Cash

5.38%

Cap Rate

0.89

DSCR

$3,157

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,157 income − $3,460 expenses = $303 out of pocket

Income$3,157Out of Pocket$303Mortgage P&I$1,56249%Property Taxes$2759%Insurance$1083%Management$47415%CapEx$1264%Maintenance$1264%Other$78925%

Investment Breakdown

|

Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,157

Total Expenses

$3,460

Mortgage P&I

49%

$1,562

Property Taxes

9%

$275

Home Insurance

3%

$108

HOA

0%

$0

Property Management

15%

$474

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$789

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