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7517 Cove Point Way, Elkridge, MD 21075

Property Details for 7517 Cove Point Way, Elkridge, MD 21075

Property Detail Name Property Detail Value
Address 7517 Cove Point Way, Elkridge, MD 21075
Property Type Single Family
Price $399,000
Price Change $0
Tax Assessed Value $343,567
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3
Bathrooms 3.0
Living Area 1,594.0
Lot Area 2367.0
Lot Area Unit SQFT
Year Built N/A

Financial Summary for 7517 Cove Point Way, Elkridge, MD 21075

Financial Metric Name Financial Metric Value
Cash on Cash Return 1.8%
Total ROI 10.2%
Monthly Rent $2,929
Net Operating Income $2,554
Cap Rate 7.7%
Monthly Cash Flow $119
Gross Rent Multiplier 11.4
Debt Service Coverage Ratio 1.2
Principal and Interest $2,070
Tax $365
HOA Fees $242
Insurance $133
Total Payment $2,810
Total ROI uses 6.66% 30-year fixed rate (Freddie Mac, updated 2 months ago) — rate is stale
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