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203 Hazel Ridge Dr, Wilmington, DE 19810

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -6.88% first-year return on $96,330 initial cash invested.

-6.88%

Cash On Cash

4.29%

Cap Rate

0.76

DSCR

$3,009

Rent

-$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,009 income − $3,561 expenses = $552 out of pocket

Income$3,009Out of Pocket$552Mortgage P&I$1,76559%Property Taxes$1876%Insurance$1666%Management$45115%CapEx$1204%Maintenance$1204%Other$75225%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,330

Downpayment

20%

$74,600

Closing costs

1%

$3,730

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,009

Total Expenses

$3,561

Mortgage P&I

59%

$1,765

Property Taxes

6%

$187

Home Insurance

6%

$166

HOA

0%

$0

Property Management

15%

$451

CapEx

4%

$120

Vacancy

0%

$0

Maintenance

4%

$120

Other

25%

$752

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