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96 Lochmeath Way, Dover, DE 19904

2 beds • 1 baths • 896 sqft

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This property looks like a bad Long-Term investment with a projected -4.71% first-year return on $54,579 initial cash invested.

-4.71%

Cash On Cash

5.17%

Cap Rate

0.89

DSCR

$1,650

Rent

-$214

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,650

Total Expenses

$1,864

Mortgage P&I

76%

$1,252

Property Taxes

6%

$93

Home Insurance

6%

$91

PManagement

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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Comparable Property

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Beds

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SQFT

Distance

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2

1

1036

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2

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2

2

1193

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3

1

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1.1 mi

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2

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1.3 mi

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0.9 mi

2022 S American St

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5

4

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0.6 mi

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2

1

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0.9 mi

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$2,850

5

4

3030

0.6 mi

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$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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