REI Lense

REI Lense

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$2,033 (target)

22009 Percheron Way, Lincoln, DE 19960

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Long-Term investment with a projected -7.84% first-year return on $73,038 initial cash invested.

-7.84%

Cash On Cash

4.83%

Cap Rate

0.79

DSCR

$2,033

Rent

-$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,033 income − $2,510 expenses = $477 out of pocket

Income$2,033Out of Pocket$477Mortgage P&I$1,77587%Property Taxes$693%Insurance$1226%HOA$151%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,038

Downpayment

20%

$69,560

Closing costs

1%

$3,478

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,033

Total Expenses

$2,510

Mortgage P&I

87%

$1,775

Property Taxes

3%

$69

Home Insurance

6%

$122

HOA

1%

$15

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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