REI Lense

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$3,904 (target)

1811 Oak St, Wilmington, DE 19805

3 beds • 3 baths • 2056 sqft

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This property could be a profitable Mid-Term investment with a projected 14.21% first-year return on $72,558 initial cash invested.

14.21%

Cash On Cash

10.85%

Cap Rate

1.76

DSCR

$3,904

Rent

$859

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,904 income − $3,045 expenses = $859 cash flow

Income$3,904Mortgage P&I$1,33334%Property Taxes$2787%Insurance$1083%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$859

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,558

Downpayment

20%

$51,960

Closing costs

1%

$2,598

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,904

Total Expenses

$3,045

Mortgage P&I

34%

$1,333

Property Taxes

7%

$278

Home Insurance

3%

$108

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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