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2389 White Oak Rd, Dover, DE 19901

3 beds • 1 baths • 1224 sqft

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This property looks like a bad Long-Term investment with a projected -6.74% first-year return on $63,000 initial cash invested.

-6.74%

Cash On Cash

4.74%

Cap Rate

0.82

DSCR

$1,870

Rent

-$354

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,000

Downpayment

20%

$60,000

Closing costs

1%

$3,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,870

Total Expenses

$2,224

Mortgage P&I

77%

$1,445

Property Taxes

10%

$187

Home Insurance

6%

$105

PManagement

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

154 Orchard Ave, Dover, DE 19901

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3

1

1112

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3

2

1250

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$1,800

3

1

1064

3.2 mi

4 Welch Dr E, Dover, DE 19901

$1,600

3

2

1296

1.6 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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