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$3,753 (target)

410 Delaware Ave, Millsboro, DE 19966

3 beds • 2 baths • 1950 sqft

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This property might be a fair Mid-Term investment with a projected 2.65% first-year return on $99,669 initial cash invested.

2.65%

Cash On Cash

7.41%

Cap Rate

1.18

DSCR

$3,753

Rent

$220

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,753 income − $3,533 expenses = $220 cash flow

Income$3,753Mortgage P&I$2,03154%Property Taxes$732%Insurance$1494%HOA$4Management$45012%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$220

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,669

Downpayment

20%

$77,780

Closing costs

1%

$3,889

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,753

Total Expenses

$3,533

Mortgage P&I

54%

$2,031

Property Taxes

2%

$73

Home Insurance

4%

$149

HOA

0%

$4

Property Management

12%

$450

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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