REI Lense

REI Lense

Unlock all features! Tap here to upgrade

32684 Seaview Loop, Millsboro, DE 19966

3 beds • 2 baths • 1416 sqft

Email

This property looks like a bad Airbnb investment with a projected -13.52% first-year return on $99,522 initial cash invested.

-13.52%

Cash On Cash

3.01%

Cap Rate

0.49

DSCR

$2,340

Rent

-$1,121

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,340 income − $3,461 expenses = $1,121 out of pocket

Income$2,340Out of Pocket$1,121Mortgage P&I$2,00085%Property Taxes$633%Insurance$1406%HOA$1346%Management$35115%CapEx$944%Maintenance$944%Other$58525%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,522

Downpayment

20%

$77,640

Closing costs

1%

$3,882

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,340

Total Expenses

$3,461

Mortgage P&I

85%

$2,000

Property Taxes

3%

$63

Home Insurance

6%

$140

HOA

6%

$134

Property Management

15%

$351

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$585

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis