REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,250 (target)

307 Channel Rd, Wilmington, DE 19809

3 beds • 3 baths • 2275 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $103k initial cash invested.

2.95%

Cash On Cash

7.52%

Cap Rate

1.2

DSCR

$4,250

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,250 income − $3,996 expenses = $254 cash flow

Income$4,250Mortgage P&I$2,12050%Property Taxes$2817%Insurance$1494%Management$51012%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$254

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,250

Total Expenses

$3,996

Mortgage P&I

50%

$2,120

Property Taxes

7%

$281

Home Insurance

4%

$149

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis