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$4,034 (target)

23451 Oyster Rd, Millville, DE 19967

3 beds • 2 baths • 1900 sqft

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This property looks like a bad Mid-Term investment with a projected -7.53% first-year return on $129k initial cash invested.

-7.53%

Cash On Cash

5.24%

Cap Rate

0.78

DSCR

$4,034

Rent

-$812

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,034 income − $4,846 expenses = $812 out of pocket

Income$4,034Out of Pocket$812Mortgage P&I$2,96674%Property Taxes$18Insurance$1895%HOA$3027%Management$48412%CapEx$1614%Vacancy$1213%Maintenance$1614%Other$44411%

Investment Breakdown

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Purchase Price

$530k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,304

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,034

Total Expenses

$4,846

Mortgage P&I

74%

$2,966

Property Taxes

0%

$18

Home Insurance

5%

$189

HOA

7%

$302

Property Management

12%

$484

CapEx

4%

$161

Vacancy

3%

$121

Maintenance

4%

$161

Other

11%

$444

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