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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 Mid-Term investment with a projected -1.33% first-year return on $97,800 initial cash invested.

-1.33%

Cash On Cash

5.99%

Cap Rate

1.01

DSCR

$3,292

Rent

-$108

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

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,292

Total Expenses

$3,400

Mortgage P&I

57%

$1,872

Property Taxes

8%

$275

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$395

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$362

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