REI Lense

REI Lense

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$3,445 (target)

29321 River Rock Way, Milton, DE 19968

3 beds • 2 baths • 2486 sqft

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This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $131k initial cash invested.

-8.44%

Cash On Cash

4.53%

Cap Rate

0.76

DSCR

$3,445

Rent

-$923

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$625k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,445

Total Expenses

$4,368

Mortgage P&I

90%

$3,110

Property Taxes

3%

$96

Home Insurance

6%

$218

HOA

1%

$49

Property Management

10%

$344

CapEx

5%

$172

Vacancy

6%

$207

Maintenance

5%

$172

Other

0%

$0

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