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411 N Cleveland Ave, Wilmington, DE 19805

3 beds • 2 baths • 1475 sqft

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This property might be a fair Airbnb investment with a projected 4.43% first-year return on $78,900 initial cash invested.

4.43%

Cash On Cash

7.75%

Cap Rate

1.31

DSCR

$3,873

Rent

$291

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

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,873

Total Expenses

$3,582

Mortgage P&I

37%

$1,428

Property Taxes

5%

$193

Home Insurance

3%

$102

HOA

0%

$0

Property Management

15%

$581

CapEx

4%

$155

Vacancy

0%

$0

Maintenance

4%

$155

Other

25%

$968

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