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$3,374 (target)

611 E Polaris Ln, Milton, DE 19968

3 beds • 2 baths • 1500 sqft

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This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $89,442 initial cash invested.

4.44%

Cash On Cash

7.74%

Cap Rate

1.27

DSCR

$3,374

Rent

$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,374 income − $3,043 expenses = $331 cash flow

Income$3,374Mortgage P&I$1,72751%Property Taxes$471%Insurance$1224%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$331

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,442

Downpayment

20%

$68,040

Closing costs

1%

$3,402

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,374

Total Expenses

$3,043

Mortgage P&I

51%

$1,727

Property Taxes

1%

$47

Home Insurance

4%

$122

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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