REI Lense

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$3,642 (target)

25078 Tanager Ln, Millsboro, DE 19966

3 beds • 3 baths • 2186 sqft

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This property looks like a bad Mid-Term investment with a projected -5.15% first-year return on $117k initial cash invested.

-5.15%

Cash On Cash

5.22%

Cap Rate

0.85

DSCR

$3,642

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,642 income − $4,145 expenses = $503 out of pocket

Income$3,642Out of Pocket$503Mortgage P&I$2,41566%Property Taxes$662%Insurance$1685%HOA$2577%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$94,580

Closing costs

1%

$4,729

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,642

Total Expenses

$4,145

Mortgage P&I

66%

$2,415

Property Taxes

2%

$66

Home Insurance

5%

$168

HOA

7%

$257

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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