REI Lense

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$3,794 (target)

33873 N Heron Dr, Lewes, DE 19958

3 beds • 2 baths • 1710 sqft

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This property looks like a bad Mid-Term investment with a projected -5.96% first-year return on $130k initial cash invested.

-5.96%

Cash On Cash

5.25%

Cap Rate

0.83

DSCR

$3,794

Rent

-$643

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,794 income − $4,437 expenses = $643 out of pocket

Income$3,794Out of Pocket$643Mortgage P&I$2,81474%Property Taxes$842%Insurance$1915%HOA$582%Management$45512%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41711%

Investment Breakdown

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Purchase Price

$531k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$106k

Closing costs

1%

$5,310

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,794

Total Expenses

$4,437

Mortgage P&I

74%

$2,814

Property Taxes

2%

$84

Home Insurance

5%

$191

HOA

2%

$58

Property Management

12%

$455

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$417

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