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$4,640 (target)

15219 W Kea Way, Lewes, DE 19958

3 beds • 3 baths • 2745 sqft

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This property looks like a bad Mid-Term investment with a projected -14.47% first-year return on $227k initial cash invested.

-14.47%

Cash On Cash

2.99%

Cap Rate

0.49

DSCR

$4,640

Rent

-$2,737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,640 income − $7,377 expenses = $2,737 out of pocket

Income$4,640Out of Pocket$2,737Mortgage P&I$5,031108%Property Taxes$1503%Insurance$3488%HOA$2706%Management$55712%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51011%

Investment Breakdown

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Purchase Price

$995k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$199k

Closing costs

1%

$9,950

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,640

Total Expenses

$7,377

Mortgage P&I

108%

$5,031

Property Taxes

3%

$150

Home Insurance

8%

$348

HOA

6%

$270

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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