REI Lense

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$2,350 (target)

2521 Tigani Dr, Wilmington, DE 19808

3 beds • 2 baths • 1700 sqft

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This property looks like a bad Long-Term investment with a projected -5.93% first-year return on $73,248 initial cash invested.

-5.93%

Cash On Cash

5.11%

Cap Rate

0.86

DSCR

$2,350

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,350 income − $2,712 expenses = $362 out of pocket

Income$2,350Out of Pocket$362Mortgage P&I$1,72874%Property Taxes$22810%Insurance$1446%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,248

Downpayment

20%

$69,760

Closing costs

1%

$3,488

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,350

Total Expenses

$2,712

Mortgage P&I

74%

$1,728

Property Taxes

10%

$228

Home Insurance

6%

$144

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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