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$3,670 (target)

337 Nicholas Ct, Wilmington, DE 19808

3 beds • 3 baths • 1850 sqft

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This property looks like a bad Mid-Term investment with a projected -3.67% first-year return on $112k initial cash invested.

-3.67%

Cash On Cash

5.6%

Cap Rate

0.91

DSCR

$3,670

Rent

-$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,670 income − $4,013 expenses = $343 out of pocket

Income$3,670Out of Pocket$343Mortgage P&I$2,29162%Property Taxes$3179%Insurance$1574%Management$44012%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%

Investment Breakdown

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Purchase Price

$449k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,800

Closing costs

1%

$4,490

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,670

Total Expenses

$4,013

Mortgage P&I

62%

$2,291

Property Taxes

9%

$317

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$440

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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