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710 McGinnis Dr #710, Dover, DE 19901

3 beds • 2 baths • 1350 sqft

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This property could be a profitable Long-Term investment with a projected 19.14% first-year return on $29,400 initial cash invested.

19.14%

Cash On Cash

11.21%

Cap Rate

$1,850

Rent

$469

Cashflow

$28,560

Annaul

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

Financing

Purchase Price

$140k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,400

Downpayment

20%

$28,000

Closing costs

1%

$1,400

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,850

Total Expenses

$1,381

Mortgage P&I

40%

$747

Property Taxes

6%

$104

Home Insurance

3%

$49

HOA

0%

$1

PManagement

10%

$185

CapEx

5%

$92

Vacancy

6%

$111

Maintenance

5%

$92

Other

0%

$0

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