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$3,465 (target)

1806 Old Coochs Bridge Rd, Newark, DE 19702

3 beds • 2 baths • 1981 sqft

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This property looks like a bad Mid-Term investment with a projected -1.24% first-year return on $94,860 initial cash invested.

-1.24%

Cash On Cash

6.53%

Cap Rate

1.02

DSCR

$3,465

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,465 income − $3,563 expenses = $98 out of pocket

Income$3,465Out of Pocket$98Mortgage P&I$1,95056%Property Taxes$2878%Insurance$1474%Management$41612%CapEx$1394%Vacancy$1043%Maintenance$1394%Other$38111%

Investment Breakdown

|

Purchase Price

$366k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,860

Downpayment

20%

$73,200

Closing costs

1%

$3,660

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,465

Total Expenses

$3,563

Mortgage P&I

56%

$1,950

Property Taxes

8%

$287

Home Insurance

4%

$147

HOA

0%

$0

Property Management

12%

$416

CapEx

4%

$139

Vacancy

3%

$104

Maintenance

4%

$139

Other

11%

$381

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