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$5,438 (target)

35440 Conwell Dr, Rehoboth Beach, DE 19971

3 beds • 2 baths • 2017 sqft

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This property looks like a bad Mid-Term investment with a projected -7.9% first-year return on $186k initial cash invested.

-7.9%

Cash On Cash

4.75%

Cap Rate

0.76

DSCR

$5,438

Rent

-$1,226

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,438 income − $6,664 expenses = $1,226 out of pocket

Income$5,438Out of Pocket$1,226Mortgage P&I$4,17977%Property Taxes$1082%Insurance$2455%HOA$2825%Management$65312%CapEx$2184%Vacancy$1633%Maintenance$2184%Other$59811%

Investment Breakdown

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Purchase Price

$802k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$186k

Downpayment

20%

$160k

Closing costs

1%

$8,015

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,438

Total Expenses

$6,664

Mortgage P&I

77%

$4,179

Property Taxes

2%

$108

Home Insurance

5%

$245

HOA

5%

$282

Property Management

12%

$653

CapEx

4%

$218

Vacancy

3%

$163

Maintenance

4%

$218

Other

11%

$598

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