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2322 Norris St, Wilmington, DE 19804

3 beds • 2 baths • 1120 sqft

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This property looks like a bad Long-Term investment with a projected -4.68% first-year return on $68,250 initial cash invested.

-4.68%

Cash On Cash

5.34%

Cap Rate

0.9

DSCR

$2,220

Rent

-$266

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$2,486

Mortgage P&I

72%

$1,601

Property Taxes

9%

$194

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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