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$3,279 (target)

1592 Letitia Ln, Wilmington, DE 19809

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $87,615 initial cash invested.

1.56%

Cash On Cash

7.04%

Cap Rate

1.14

DSCR

$3,279

Rent

$114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,279 income − $3,165 expenses = $114 cash flow

Income$3,279Mortgage P&I$1,70152%Property Taxes$2508%Insurance$1003%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36111%Cash Flow$114

Investment Breakdown

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Purchase Price

$332k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,615

Downpayment

20%

$66,300

Closing costs

1%

$3,315

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,279

Total Expenses

$3,165

Mortgage P&I

52%

$1,701

Property Taxes

8%

$250

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$361

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