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42 Mer Way, Dover, DE 19901

4 beds • 3 baths • 2153 sqft

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This property might be a fair Airbnb investment with a projected 2.97% first-year return on $101k initial cash invested.

2.97%

Cash On Cash

7.3%

Cap Rate

1.24

DSCR

$4,487

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$368k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$73,580

Closing costs

1%

$3,679

Rehab

0%

$0

Furnishing

7%

$24,000

Cashflow

Total Income

$4,487

Total Expenses

$4,236

Mortgage P&I

40%

$1,809

Property Taxes

3%

$144

Home Insurance

3%

$130

HOA

0%

$0

Property Management

15%

$673

CapEx

4%

$179

Vacancy

0%

$0

Maintenance

4%

$179

Other

25%

$1,122

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