REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,952 (target)

16023 McArthur Ln, Millsboro, DE 19966

3 beds • 2 baths • 1576 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.96% first-year return on $101k initial cash invested.

2.96%

Cash On Cash

7.58%

Cap Rate

1.19

DSCR

$3,952

Rent

$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,952 income − $3,702 expenses = $250 cash flow

Income$3,952Mortgage P&I$2,09353%Property Taxes$591%Insurance$1363%HOA$702%Management$47412%CapEx$1584%Vacancy$1193%Maintenance$1584%Other$43511%Cash Flow$250

Investment Breakdown

|

Purchase Price

$396k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,220

Closing costs

1%

$3,961

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,952

Total Expenses

$3,702

Mortgage P&I

53%

$2,093

Property Taxes

1%

$59

Home Insurance

3%

$136

HOA

2%

$70

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$119

Maintenance

4%

$158

Other

11%

$435

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis