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1400 Haines Ave, Wilmington, DE 19809

3 beds • 3 baths • 1975 sqft

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This property might be a fair Mid-Term investment with a projected 8.48% first-year return on $95,784 initial cash invested.

8.48%

Cash On Cash

8.59%

Cap Rate

1.47

DSCR

$4,366

Rent

$677

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,784

Downpayment

20%

$74,080

Closing costs

1%

$3,704

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,366

Total Expenses

$3,689

Mortgage P&I

41%

$1,800

Property Taxes

6%

$255

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$524

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$480

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