REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,692 (target)

122 Mary Dr, Newark, DE 19702

3 beds • 3 baths • 1932 sqft

Email

This property looks like a bad Long-Term investment with a projected -9% first-year return on $90,405 initial cash invested.

-9%

Cash On Cash

4.62%

Cap Rate

0.75

DSCR

$2,692

Rent

-$678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,692 income − $3,370 expenses = $678 out of pocket

Income$2,692Out of Pocket$678Mortgage P&I$2,20082%Property Taxes$30511%Insurance$1646%Management$26910%CapEx$1355%Vacancy$1626%Maintenance$1355%

Investment Breakdown

|

Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,405

Downpayment

20%

$86,100

Closing costs

1%

$4,305

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,692

Total Expenses

$3,370

Mortgage P&I

82%

$2,200

Property Taxes

11%

$305

Home Insurance

6%

$164

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$162

Maintenance

5%

$135

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis