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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 -11.05% first-year return on $82,890 initial cash invested.

-11.05%

Cash On Cash

3.46%

Cap Rate

0.57

DSCR

$2,273

Rent

-$763

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,273 income − $3,036 expenses = $763 out of pocket

Income$2,273Out of Pocket$763Mortgage P&I$1,56269%Property Taxes$27512%Insurance$1085%Management$34115%CapEx$914%Maintenance$914%Other$56825%

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

$2,273

Total Expenses

$3,036

Mortgage P&I

69%

$1,562

Property Taxes

12%

$275

Home Insurance

5%

$108

HOA

0%

$0

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

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