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2148 Elder Dr, Wilmington, DE 19808

3 beds • 2 baths • 2075 sqft

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This property looks like a bad Long-Term investment with a projected -9.88% first-year return on $79,800 initial cash invested.

-9.88%

Cash On Cash

4.18%

Cap Rate

0.71

DSCR

$2,195

Rent

-$657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,195

Total Expenses

$2,852

Mortgage P&I

85%

$1,872

Property Taxes

13%

$275

Home Insurance

6%

$133

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

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