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$2,986 (target)

2304 Henlopen Ave, Wilmington, DE 19804

3 beds • 2 baths • 1325 sqft

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This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $80,265 initial cash invested.

2.11%

Cash On Cash

7.28%

Cap Rate

1.17

DSCR

$2,986

Rent

$141

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,845 expenses = $141 cash flow

Income$2,986Mortgage P&I$1,53852%Property Taxes$1726%Insurance$1214%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$141

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,265

Downpayment

20%

$59,300

Closing costs

1%

$2,965

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,845

Mortgage P&I

52%

$1,538

Property Taxes

6%

$172

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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