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9684 Baltimore Ave, Laurel, MD 20723

3 beds • 2 baths • 1620 sqft

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This property looks like a bad Airbnb investment with a projected -24.7% first-year return on $124k initial cash invested.

-24.7%

Cash On Cash

0.23%

Cap Rate

0.04

DSCR

$1,337

Rent

-$2,552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,337 income − $3,889 expenses = $2,552 out of pocket

Income$1,337Out of Pocket$2,552Mortgage P&I$2,597194%Property Taxes$48836%Insurance$16312%Management$20115%CapEx$534%Maintenance$534%Other$33425%

Investment Breakdown

|

Purchase Price

$505k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,047

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$1,337

Total Expenses

$3,889

Mortgage P&I

194%

$2,597

Property Taxes

37%

$488

Home Insurance

12%

$163

HOA

0%

$0

Property Management

15%

$201

CapEx

4%

$53

Vacancy

0%

$0

Maintenance

4%

$53

Other

25%

$334

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