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1501 S Hancock Ave, Dover, DE 19901

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $81,333 initial cash invested.

-11.63%

Cash On Cash

3.98%

Cap Rate

0.65

DSCR

$2,020

Rent

-$788

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,333

Downpayment

20%

$77,460

Closing costs

1%

$3,873

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,020

Total Expenses

$2,808

Mortgage P&I

98%

$1,970

Property Taxes

8%

$158

Home Insurance

7%

$136

HOA

1%

$19

Property Management

10%

$202

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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4

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2

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5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

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0.6 mi

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