REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,392 (target)

1216 Haines Ave, Wilmington, DE 19809

3 beds • 2 baths • 3175 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $108k initial cash invested.

3.46%

Cash On Cash

7.71%

Cap Rate

1.22

DSCR

$4,392

Rent

$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,392 income − $4,080 expenses = $312 cash flow

Income$4,392Mortgage P&I$2,26652%Property Taxes$1824%Insurance$1383%Management$52712%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48311%Cash Flow$312

Investment Breakdown

|

Purchase Price

$429k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,780

Closing costs

1%

$4,289

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,392

Total Expenses

$4,080

Mortgage P&I

52%

$2,266

Property Taxes

4%

$182

Home Insurance

3%

$138

HOA

0%

$0

Property Management

12%

$527

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$483

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis