REI Lense

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$3,398 (target)

1324 Walnut Shade Rd, Dover, DE 19901

3 beds • 2 baths • 2235 sqft

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This property might be a fair Mid-Term investment with a projected 0.05% first-year return on $99,690 initial cash invested.

0.05%

Cash On Cash

6.56%

Cap Rate

1.07

DSCR

$3,398

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,398 income − $3,394 expenses = $4 cash flow

Income$3,398Mortgage P&I$1,98859%Property Taxes$1143%Insurance$1364%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$4

Investment Breakdown

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Purchase Price

$389k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,690

Downpayment

20%

$77,800

Closing costs

1%

$3,890

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,398

Total Expenses

$3,394

Mortgage P&I

59%

$1,988

Property Taxes

3%

$114

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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