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$3,566 (target)

112 Ermine Dr, New Castle, DE 19720

3 beds • 2 baths • 2080 sqft

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This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $92,550 initial cash invested.

1.87%

Cash On Cash

7.07%

Cap Rate

1.16

DSCR

$3,566

Rent

$144

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,566 income − $3,422 expenses = $144 cash flow

Income$3,566Mortgage P&I$1,80651%Property Taxes$2467%Insurance$1474%HOA$10Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39211%Cash Flow$144

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,550

Downpayment

20%

$71,000

Closing costs

1%

$3,550

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,566

Total Expenses

$3,422

Mortgage P&I

51%

$1,806

Property Taxes

7%

$246

Home Insurance

4%

$147

HOA

0%

$10

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$392

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