REI Lense

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$3,630 (target)

22 N Kirkwood St, Dover, DE 19904

3 beds • 3 baths • 1748 sqft

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This property might be a fair Mid-Term investment with a projected 8.91% first-year return on $78,900 initial cash invested.

8.91%

Cash On Cash

9.29%

Cap Rate

1.48

DSCR

$3,630

Rent

$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,630 income − $3,044 expenses = $586 cash flow

Income$3,630Mortgage P&I$1,51442%Property Taxes$1945%Insurance$1023%Management$43612%CapEx$1454%Vacancy$1093%Maintenance$1454%Other$39911%Cash Flow$586

Investment Breakdown

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Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,900

Downpayment

20%

$58,000

Closing costs

1%

$2,900

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,630

Total Expenses

$3,044

Mortgage P&I

42%

$1,514

Property Taxes

5%

$194

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$436

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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