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$3,708 (target)

23 Carney Ct, Dover, DE 19904

3 beds • 3 baths • 2915 sqft

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This property looks like a bad Mid-Term investment with a projected -6.68% first-year return on $122k initial cash invested.

-6.68%

Cash On Cash

4.88%

Cap Rate

0.79

DSCR

$3,708

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,708 income − $4,389 expenses = $681 out of pocket

Income$3,708Out of Pocket$681Mortgage P&I$2,55569%Property Taxes$2246%Insurance$1755%HOA$1755%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%

Investment Breakdown

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Purchase Price

$497k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,420

Closing costs

1%

$4,971

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,708

Total Expenses

$4,389

Mortgage P&I

69%

$2,555

Property Taxes

6%

$224

Home Insurance

5%

$175

HOA

5%

$175

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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