REI Lense

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7 Aronimink Dr, Newark, DE 19711

3 beds • 2 baths • 1175 sqft

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This property looks like a bad Airbnb investment with a projected -11.23% first-year return on $94,167 initial cash invested.

-11.23%

Cash On Cash

3.08%

Cap Rate

0.54

DSCR

$2,424

Rent

-$881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$363k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,167

Downpayment

20%

$72,540

Closing costs

1%

$3,627

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,424

Total Expenses

$3,305

Mortgage P&I

71%

$1,716

Property Taxes

11%

$272

Home Insurance

6%

$150

HOA

0%

$3

Property Management

15%

$364

CapEx

4%

$97

Vacancy

0%

$0

Maintenance

4%

$97

Other

25%

$606

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