REI Lense

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$3,365 (target)

23 Possum Hollow Rd, Newark, DE 19711

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -3.42% first-year return on $84,441 initial cash invested.

-3.42%

Cash On Cash

6.49%

Cap Rate

0.97

DSCR

$3,365

Rent

-$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,365 income − $3,606 expenses = $241 out of pocket

Income$3,365Out of Pocket$241Mortgage P&I$2,24967%Property Taxes$33410%Insurance$1494%Management$33610%CapEx$1685%Vacancy$2026%Maintenance$1685%

Investment Breakdown

|

Purchase Price

$402k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,441

Downpayment

20%

$80,420

Closing costs

1%

$4,021

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,365

Total Expenses

$3,606

Mortgage P&I

67%

$2,249

Property Taxes

10%

$334

Home Insurance

4%

$149

HOA

0%

$0

Property Management

10%

$336

CapEx

5%

$168

Vacancy

6%

$202

Maintenance

5%

$168

Other

0%

$0

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