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29 Teal Ct, Dover, DE 19904

3 beds • 3 baths • 1756 sqft

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This property looks like a bad Long-Term investment with a projected -7.36% first-year return on $72,870 initial cash invested.

-7.36%

Cash On Cash

4.84%

Cap Rate

0.8

DSCR

$2,110

Rent

-$447

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$347k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,870

Downpayment

20%

$69,400

Closing costs

1%

$3,470

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,110

Total Expenses

$2,557

Mortgage P&I

83%

$1,742

Property Taxes

7%

$143

Home Insurance

6%

$122

HOA

0%

$0

Property Management

10%

$211

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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Comparable Property

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SQFT

Distance

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2

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3

2

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0.8 mi

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4

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1.3 mi

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2

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0.9 mi

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

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0.6 mi

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$1,100

2

1

2020

0.9 mi

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$2,850

5

4

3030

0.6 mi

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