REI Lense

REI Lense

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$2,152 (target)

11262 Sandy Ridge Dr, Seaford, DE 19973

3 beds • 2 baths • 2362 sqft

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This property looks like a bad Long-Term investment with a projected -12.02% first-year return on $87,381 initial cash invested.

-12.02%

Cash On Cash

4.15%

Cap Rate

0.65

DSCR

$2,152

Rent

-$875

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,152 income − $3,027 expenses = $875 out of pocket

Income$2,152Out of Pocket$875Mortgage P&I$2,205102%Property Taxes$964%Insurance$1497%HOA$171%Management$21510%CapEx$1085%Vacancy$1296%Maintenance$1085%

Investment Breakdown

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Purchase Price

$416k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,381

Downpayment

20%

$83,220

Closing costs

1%

$4,161

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,152

Total Expenses

$3,027

Mortgage P&I

102%

$2,205

Property Taxes

4%

$96

Home Insurance

7%

$149

HOA

1%

$17

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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