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$3,408 (target)

36 Garvey Ln, Newark, DE 19702

3 beds • 2 baths • 1960 sqft

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This property might be a fair Mid-Term investment with a projected 0.72% first-year return on $87,930 initial cash invested.

0.72%

Cash On Cash

7.07%

Cap Rate

1.11

DSCR

$3,408

Rent

$53

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,408 income − $3,355 expenses = $53 cash flow

Income$3,408Mortgage P&I$1,77452%Property Taxes$2959%Insurance$1284%Management$40912%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37511%Cash Flow$53

Investment Breakdown

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Purchase Price

$333k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,930

Downpayment

20%

$66,600

Closing costs

1%

$3,330

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,408

Total Expenses

$3,355

Mortgage P&I

52%

$1,774

Property Taxes

9%

$295

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$409

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$375

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