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2521 Tigani Dr, Wilmington, DE 19808

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Airbnb investment with a projected -10.42% first-year return on $91,248 initial cash invested.

-10.42%

Cash On Cash

3.57%

Cap Rate

0.6

DSCR

$2,516

Rent

-$792

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,516 income − $3,308 expenses = $792 out of pocket

Income$2,516Out of Pocket$792Mortgage P&I$1,72869%Property Taxes$2289%Insurance$1446%Management$37715%CapEx$1014%Maintenance$1014%Other$62925%

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,248

Downpayment

20%

$69,760

Closing costs

1%

$3,488

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,516

Total Expenses

$3,308

Mortgage P&I

69%

$1,728

Property Taxes

9%

$228

Home Insurance

6%

$144

HOA

0%

$0

Property Management

15%

$377

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$629

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