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2811 Newport Gap Pike, Wilmington, DE 19808

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -5.85% first-year return on $73,815 initial cash invested.

-5.85%

Cash On Cash

5.09%

Cap Rate

0.86

DSCR

$2,400

Rent

-$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,815

Downpayment

20%

$70,300

Closing costs

1%

$3,515

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,400

Total Expenses

$2,760

Mortgage P&I

72%

$1,731

Property Taxes

11%

$274

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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