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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 Airbnb investment with a projected -6% first-year return on $91,815 initial cash invested.

-6%

Cash On Cash

4.78%

Cap Rate

0.81

DSCR

$3,225

Rent

-$459

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

$91,815

Downpayment

20%

$70,300

Closing costs

1%

$3,515

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,225

Total Expenses

$3,684

Mortgage P&I

54%

$1,731

Property Taxes

9%

$274

Home Insurance

4%

$131

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$806

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