REI Lense

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$2,443 (target)

18729 Laurel Rd, Millsboro, DE 19966

3 beds • 2 baths • 1644 sqft

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This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $107k initial cash invested.

-11.03%

Cash On Cash

4.08%

Cap Rate

0.67

DSCR

$2,443

Rent

-$984

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,443 income − $3,427 expenses = $984 out of pocket

Income$2,443Out of Pocket$984Mortgage P&I$2,598106%Property Taxes$161%Insurance$1787%Management$24410%CapEx$1225%Vacancy$1476%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$102k

Closing costs

1%

$5,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,443

Total Expenses

$3,427

Mortgage P&I

106%

$2,598

Property Taxes

1%

$16

Home Insurance

7%

$178

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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