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2529 Raven Rd, Wilmington, DE 19810

3 beds • 3 baths • 2350 sqft

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This property looks like a bad Airbnb investment with a projected -15.24% first-year return on $129k initial cash invested.

-15.24%

Cash On Cash

2.46%

Cap Rate

0.42

DSCR

$2,936

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,299

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,936

Total Expenses

$4,578

Mortgage P&I

89%

$2,610

Property Taxes

13%

$371

Home Insurance

6%

$186

HOA

0%

$3

Property Management

15%

$440

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$734

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