REI Lense

REI Lense

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$2,363 (target)

21 Golden Raintree Ct, Middletown, DE 19709

3 beds • 3 baths • 2080 sqft

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This property looks like a bad Long-Term investment with a projected -21.11% first-year return on $139k initial cash invested.

-21.11%

Cash On Cash

1.85%

Cap Rate

0.3

DSCR

$2,363

Rent

-$2,438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,363 income − $4,801 expenses = $2,438 out of pocket

Income$2,363Out of Pocket$2,438Mortgage P&I$3,337141%Property Taxes$37416%Insurance$23110%HOA$24510%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

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Purchase Price

$660k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$139k

Downpayment

20%

$132k

Closing costs

1%

$6,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,363

Total Expenses

$4,801

Mortgage P&I

141%

$3,337

Property Taxes

16%

$374

Home Insurance

10%

$231

HOA

10%

$245

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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