REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,680 (target)

1115 Milltown Rd, Wilmington, DE 19808

3 beds • 2 baths • 1875 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.4% first-year return on $106k initial cash invested.

-0.4%

Cash On Cash

6.48%

Cap Rate

1.05

DSCR

$3,680

Rent

-$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,680 income − $3,715 expenses = $35 out of pocket

Income$3,680Out of Pocket$35Mortgage P&I$2,15559%Property Taxes$1614%Insurance$1474%HOA$1Management$44212%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40511%

Investment Breakdown

|

Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,000

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,680

Total Expenses

$3,715

Mortgage P&I

59%

$2,155

Property Taxes

4%

$161

Home Insurance

4%

$147

HOA

0%

$1

Property Management

12%

$442

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$405

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis