REI Lense

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$3,309 (target)

192 Bobbys Branch Rd, Millsboro, DE 19966

3 beds • 3 baths • 1684 sqft

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This property might be a fair Mid-Term investment with a projected 0.55% first-year return on $86,943 initial cash invested.

0.55%

Cash On Cash

6.98%

Cap Rate

1.1

DSCR

$3,309

Rent

$40

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,309 income − $3,269 expenses = $40 cash flow

Income$3,309Mortgage P&I$1,73752%Property Taxes$993%Insurance$1174%HOA$1926%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%Cash Flow$40

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,943

Downpayment

20%

$65,660

Closing costs

1%

$3,283

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,309

Total Expenses

$3,269

Mortgage P&I

52%

$1,737

Property Taxes

3%

$99

Home Insurance

4%

$117

HOA

6%

$192

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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