REI Lense

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$3,948 (target)

3 Sandy Branch Dr, Selbyville, DE 19975

3 beds • 3 baths • 2284 sqft

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This property might be a fair Mid-Term investment with a projected 3.02% first-year return on $100k initial cash invested.

3.02%

Cash On Cash

7.59%

Cap Rate

1.2

DSCR

$3,948

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,948 income − $3,695 expenses = $253 cash flow

Income$3,948Mortgage P&I$2,07553%Property Taxes$752%Insurance$1714%HOA$321%Management$47412%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43411%Cash Flow$253

Investment Breakdown

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Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,560

Closing costs

1%

$3,928

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,948

Total Expenses

$3,695

Mortgage P&I

53%

$2,075

Property Taxes

2%

$75

Home Insurance

4%

$171

HOA

1%

$32

Property Management

12%

$474

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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