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63 W Stephen Dr, Newark, DE 19713

3 beds • 2 baths • 2125 sqft

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This property looks like a bad Airbnb investment with a projected -1.11% first-year return on $83,961 initial cash invested.

-1.11%

Cash On Cash

6.24%

Cap Rate

1.04

DSCR

$3,396

Rent

-$78

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,396 income − $3,474 expenses = $78 out of pocket

Income$3,396Out of Pocket$78Mortgage P&I$1,57646%Property Taxes$1494%Insurance$1194%Management$50915%CapEx$1364%Maintenance$1364%Other$84925%

Investment Breakdown

|

Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,961

Downpayment

20%

$62,820

Closing costs

1%

$3,141

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,396

Total Expenses

$3,474

Mortgage P&I

46%

$1,576

Property Taxes

4%

$149

Home Insurance

4%

$119

HOA

0%

$0

Property Management

15%

$509

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$849

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