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218 Duncan Ave, Wilmington, DE 19803

4 beds • 2 baths • 1825 sqft

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This property looks like a bad Airbnb investment with a projected -12.41% first-year return on $116k initial cash invested.

-12.41%

Cash On Cash

2.92%

Cap Rate

0.49

DSCR

$2,667

Rent

-$1,204

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$87,980

Closing costs

1%

$4,399

Rehab

0%

$0

Furnishing

5%

$24,000

Cashflow

Total Income

$2,667

Total Expenses

$3,871

Mortgage P&I

81%

$2,166

Property Taxes

10%

$270

Home Insurance

6%

$154

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$667

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