REI Lense

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$1,626 (target)

29549 5th St, Millsboro, DE 19966

3 beds • 2 baths • 1512 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $53,490 initial cash invested.

1.21%

Cash On Cash

7.03%

Cap Rate

1.14

DSCR

$1,626

Rent

$54

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,626 income − $1,572 expenses = $54 cash flow

Income$1,626Mortgage P&I$87154%Property Taxes$382%Insurance$1107%Management$19512%CapEx$654%Vacancy$493%Maintenance$654%Other$17911%Cash Flow$54

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,490

Downpayment

20%

$33,800

Closing costs

1%

$1,690

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,626

Total Expenses

$1,572

Mortgage P&I

54%

$871

Property Taxes

2%

$38

Home Insurance

7%

$110

HOA

0%

$0

Property Management

12%

$195

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$179

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