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411 N Cleveland Ave, Wilmington, DE 19805

3 beds • 2 baths • 1475 sqft

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This property looks like a bad Long-Term investment with a projected -1% first-year return on $60,900 initial cash invested.

-1%

Cash On Cash

6.17%

Cap Rate

1.04

DSCR

$2,260

Rent

-$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,260

Total Expenses

$2,311

Mortgage P&I

63%

$1,428

Property Taxes

9%

$193

Home Insurance

5%

$102

HOA

0%

$0

Property Management

10%

$226

CapEx

5%

$113

Vacancy

6%

$136

Maintenance

5%

$113

Other

0%

$0

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0.6 mi

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$2,850

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