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$3,988 (target)

113 E Clarendon Dr, Smyrna, DE 19977

3 beds • 3 baths • 2629 sqft

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This property looks like a bad Mid-Term investment with a projected -1.29% first-year return on $110k initial cash invested.

-1.29%

Cash On Cash

6.46%

Cap Rate

1.02

DSCR

$3,988

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,988 income − $4,106 expenses = $118 out of pocket

Income$3,988Out of Pocket$118Mortgage P&I$2,30758%Property Taxes$1474%Insurance$1544%HOA$1404%Management$47912%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$43911%

Investment Breakdown

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Purchase Price

$436k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,220

Closing costs

1%

$4,361

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,988

Total Expenses

$4,106

Mortgage P&I

58%

$2,307

Property Taxes

4%

$147

Home Insurance

4%

$154

HOA

4%

$140

Property Management

12%

$479

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$439

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