REI Lense

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$2,772 (target)

22041 Neal Rd, Lincoln, DE 19960

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Mid-Term investment with a projected -1.06% first-year return on $90,240 initial cash invested.

-1.06%

Cash On Cash

6.2%

Cap Rate

1.02

DSCR

$2,772

Rent

-$80

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,772 income − $2,852 expenses = $80 out of pocket

Income$2,772Out of Pocket$80Mortgage P&I$1,74763%Property Taxes$432%Insurance$1194%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%

Investment Breakdown

|

Purchase Price

$344k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,240

Downpayment

20%

$68,800

Closing costs

1%

$3,440

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$2,852

Mortgage P&I

63%

$1,747

Property Taxes

2%

$43

Home Insurance

4%

$119

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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