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32684 Seaview Loop, Millsboro, DE 19966

3 beds • 2 baths • 1416 sqft

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This property looks like a bad Airbnb investment with a projected -13.09% first-year return on $99,522 initial cash invested.

-13.09%

Cash On Cash

3.12%

Cap Rate

0.5

DSCR

$2,405

Rent

-$1,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,405 income − $3,491 expenses = $1,086 out of pocket

Income$2,405Out of Pocket$1,086Mortgage P&I$2,00083%Property Taxes$633%Insurance$1406%HOA$1346%Management$36115%CapEx$964%Maintenance$964%Other$60125%

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,522

Downpayment

20%

$77,640

Closing costs

1%

$3,882

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,405

Total Expenses

$3,491

Mortgage P&I

83%

$2,000

Property Taxes

3%

$63

Home Insurance

6%

$140

HOA

6%

$134

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$601

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