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4611 Griffin Dr, Wilmington, DE 19808

3 beds • 3 baths • 2025 sqft

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This property looks like a bad Airbnb investment with a projected -13.84% first-year return on $101k initial cash invested.

-13.84%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$2,350

Rent

-$1,162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,800

Closing costs

1%

$3,940

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,350

Total Expenses

$3,512

Mortgage P&I

84%

$1,978

Property Taxes

11%

$257

Home Insurance

6%

$149

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$588

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