REI Lense

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$2,834 (target)

304 Harrington Ave, Harrington, DE 19952

3 beds • 2 baths • 1274 sqft

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This property might be a fair Mid-Term investment with a projected 4.96% first-year return on $76,191 initial cash invested.

4.96%

Cash On Cash

7.87%

Cap Rate

1.31

DSCR

$2,834

Rent

$315

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,834 income − $2,519 expenses = $315 cash flow

Income$2,834Mortgage P&I$1,39049%Property Taxes$682%Insurance$983%Management$34012%CapEx$1134%Vacancy$853%Maintenance$1134%Other$31211%Cash Flow$315

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,191

Downpayment

20%

$55,420

Closing costs

1%

$2,771

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,834

Total Expenses

$2,519

Mortgage P&I

49%

$1,390

Property Taxes

2%

$68

Home Insurance

3%

$98

HOA

0%

$0

Property Management

12%

$340

CapEx

4%

$113

Vacancy

3%

$85

Maintenance

4%

$113

Other

11%

$312

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