REI Lense

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$2,732 (target)

26048 E Old Gate Dr, Millsboro, DE 19966

3 beds • 2 baths • 1576 sqft

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This property looks like a bad Mid-Term investment with a projected -8.71% first-year return on $106k initial cash invested.

-8.71%

Cash On Cash

4.37%

Cap Rate

0.7

DSCR

$2,732

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,732 income − $3,503 expenses = $771 out of pocket

Income$2,732Out of Pocket$771Mortgage P&I$2,19380%Property Taxes$181%Insurance$1475%HOA$2168%Management$32812%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30111%

Investment Breakdown

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Purchase Price

$420k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,998

Closing costs

1%

$4,200

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,732

Total Expenses

$3,503

Mortgage P&I

80%

$2,193

Property Taxes

1%

$18

Home Insurance

5%

$147

HOA

8%

$216

Property Management

12%

$328

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$301

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