REI Lense

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$2,071 (target)

348 W Wind Dr, Dover, DE 19901

3 beds • 2 baths • 1892 sqft

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This property looks like a bad Long-Term investment with a projected -4.32% first-year return on $65,814 initial cash invested.

-4.32%

Cash On Cash

5.44%

Cap Rate

0.91

DSCR

$2,071

Rent

-$237

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,071 income − $2,308 expenses = $237 out of pocket

Income$2,071Out of Pocket$237Mortgage P&I$1,55375%Property Taxes$1065%Insurance$1105%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,814

Downpayment

20%

$62,680

Closing costs

1%

$3,134

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,071

Total Expenses

$2,308

Mortgage P&I

75%

$1,553

Property Taxes

5%

$106

Home Insurance

5%

$110

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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