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 -11.56% first-year return on $99,522 initial cash invested.

-11.56%

Cash On Cash

3.55%

Cap Rate

0.57

DSCR

$2,649

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,649 income − $3,608 expenses = $959 out of pocket

Income$2,649Out of Pocket$959Mortgage P&I$2,00076%Property Taxes$632%Insurance$1405%HOA$1345%Management$39715%CapEx$1064%Maintenance$1064%Other$66225%

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

$2,649

Total Expenses

$3,608

Mortgage P&I

76%

$2,000

Property Taxes

2%

$63

Home Insurance

5%

$140

HOA

5%

$134

Property Management

15%

$397

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$662

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis