REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,140 (target)

219 Gordy Pl, New Castle, DE 19720

3 beds • 2 baths • 1125 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.79% first-year return on $64,575 initial cash invested.

-8.79%

Cash On Cash

5.26%

Cap Rate

0.79

DSCR

$2,140

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $2,613 expenses = $473 out of pocket

Income$2,140Out of Pocket$473Mortgage P&I$1,71380%Property Taxes$21310%Insurance$1306%HOA$1Management$21410%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$308k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,575

Downpayment

20%

$61,500

Closing costs

1%

$3,075

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$2,613

Mortgage P&I

80%

$1,713

Property Taxes

10%

$213

Home Insurance

6%

$130

HOA

0%

$1

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis