REI Lense

REI Lense

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$2,318 (target)

1706 Pennrock Rd, Wilmington, DE 19809

3 beds • 2 baths • 1824 sqft

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This property looks like a bad Long-Term investment with a projected -9.06% first-year return on $84,756 initial cash invested.

-9.06%

Cash On Cash

4.39%

Cap Rate

0.74

DSCR

$2,318

Rent

-$640

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,318 income − $2,958 expenses = $640 out of pocket

Income$2,318Out of Pocket$640Mortgage P&I$2,00086%Property Taxes$22410%Insurance$1316%Management$23210%CapEx$1165%Vacancy$1396%Maintenance$1165%

Investment Breakdown

|

Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,756

Downpayment

20%

$80,720

Closing costs

1%

$4,036

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,318

Total Expenses

$2,958

Mortgage P&I

86%

$2,000

Property Taxes

10%

$224

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$232

CapEx

5%

$116

Vacancy

6%

$139

Maintenance

5%

$116

Other

0%

$0

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