REI Lense

REI Lense

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$3,308 (target)

216 E Market St, Wilmington, DE 19804

3 beds • 3 baths • 1475 sqft

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This property looks like a bad Mid-Term investment with a projected -1.53% first-year return on $82,260 initial cash invested.

-1.53%

Cash On Cash

6.23%

Cap Rate

1.02

DSCR

$3,308

Rent

-$105

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,308 income − $3,413 expenses = $105 out of pocket

Income$3,308Out of Pocket$105Mortgage P&I$1,56247%Property Taxes$61319%Insurance$1143%Management$39712%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36411%

Investment Breakdown

|

Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,260

Downpayment

20%

$61,200

Closing costs

1%

$3,060

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,308

Total Expenses

$3,413

Mortgage P&I

47%

$1,562

Property Taxes

19%

$613

Home Insurance

3%

$114

HOA

0%

$0

Property Management

12%

$397

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$364

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