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$3,724 (target)

11 Chiming Rd, New Castle, DE 19720

3 beds • 2 baths • 1650 sqft

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This property might be a fair Mid-Term investment with a projected 4.51% first-year return on $88,308 initial cash invested.

4.51%

Cash On Cash

8.1%

Cap Rate

1.27

DSCR

$3,724

Rent

$332

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,724 income − $3,392 expenses = $332 cash flow

Income$3,724Mortgage P&I$1,77948%Property Taxes$2186%Insurance$1283%Management$44712%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41011%Cash Flow$332

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,308

Downpayment

20%

$66,960

Closing costs

1%

$3,348

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,724

Total Expenses

$3,392

Mortgage P&I

48%

$1,779

Property Taxes

6%

$218

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$447

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$410

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