REI Lense

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$3,050 (target)

22009 Percheron Way, Lincoln, DE 19960

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 0.41% first-year return on $91,038 initial cash invested.

0.41%

Cash On Cash

6.65%

Cap Rate

1.09

DSCR

$3,050

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $3,019 expenses = $31 cash flow

Income$3,050Mortgage P&I$1,77558%Property Taxes$692%Insurance$1224%HOA$15Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$31

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,038

Downpayment

20%

$69,560

Closing costs

1%

$3,478

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,050

Total Expenses

$3,019

Mortgage P&I

58%

$1,775

Property Taxes

2%

$69

Home Insurance

4%

$122

HOA

0%

$15

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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