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$3,940 (target)

33697 Reservoir Dr, Lewes, DE 19958

3 beds • 2 baths • 1947 sqft

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This property looks like a bad Mid-Term investment with a projected -5.41% first-year return on $116k initial cash invested.

-5.41%

Cash On Cash

5.47%

Cap Rate

0.85

DSCR

$3,940

Rent

-$524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,940 income − $4,464 expenses = $524 out of pocket

Income$3,940Out of Pocket$524Mortgage P&I$2,49963%Property Taxes$772%Insurance$1684%HOA$38010%Management$47312%CapEx$1584%Vacancy$1183%Maintenance$1584%Other$43311%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,540

Closing costs

1%

$4,677

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,940

Total Expenses

$4,464

Mortgage P&I

63%

$2,499

Property Taxes

2%

$77

Home Insurance

4%

$168

HOA

10%

$380

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$433

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