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$5,048 (target)

23 Possum Hollow Rd, Newark, DE 19711

3 beds • 2 baths • 1400 sqft

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This property might be a fair Mid-Term investment with a projected 7.03% first-year return on $102k initial cash invested.

7.03%

Cash On Cash

9.11%

Cap Rate

1.36

DSCR

$5,048

Rent

$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,048 income − $4,448 expenses = $600 cash flow

Income$5,048Mortgage P&I$2,24945%Property Taxes$3347%Insurance$1493%Management$60612%CapEx$2024%Vacancy$1513%Maintenance$2024%Other$55511%Cash Flow$600

Investment Breakdown

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Purchase Price

$402k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,420

Closing costs

1%

$4,021

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,048

Total Expenses

$4,448

Mortgage P&I

45%

$2,249

Property Taxes

7%

$334

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$606

CapEx

4%

$202

Vacancy

3%

$151

Maintenance

4%

$202

Other

11%

$555

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