REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,833 (target)

307 Channel Rd, Wilmington, DE 19809

3 beds • 3 baths • 2275 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.39% first-year return on $85,260 initial cash invested.

-6.39%

Cash On Cash

5.34%

Cap Rate

0.85

DSCR

$2,833

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,833 income − $3,287 expenses = $454 out of pocket

Income$2,833Out of Pocket$454Mortgage P&I$2,12075%Property Taxes$28110%Insurance$1495%Management$28310%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

|

Purchase Price

$406k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,260

Downpayment

20%

$81,200

Closing costs

1%

$4,060

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,833

Total Expenses

$3,287

Mortgage P&I

75%

$2,120

Property Taxes

10%

$281

Home Insurance

5%

$149

HOA

0%

$0

Property Management

10%

$283

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis