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715 Kalmar Ln, Middletown, DE 19709

3 beds • 3 baths • 1975 sqft

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This property looks like a bad Airbnb investment with a projected -13.5% first-year return on $116k initial cash invested.

-13.5%

Cash On Cash

2.89%

Cap Rate

0.49

DSCR

$2,960

Rent

-$1,306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,960 income − $4,266 expenses = $1,306 out of pocket

Income$2,960Out of Pocket$1,306Mortgage P&I$2,31478%Property Taxes$31211%Insurance$1686%HOA$522%Management$44415%CapEx$1184%Maintenance$1184%Other$74025%

Investment Breakdown

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Purchase Price

$467k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,400

Closing costs

1%

$4,670

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,960

Total Expenses

$4,266

Mortgage P&I

78%

$2,314

Property Taxes

11%

$312

Home Insurance

6%

$168

HOA

2%

$52

Property Management

15%

$444

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$740

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