REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,726 (target)

3512 Delmar Dr, Erie, PA 16506

3 beds • 2 baths • 1780 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $68,337 initial cash invested.

2.37%

Cash On Cash

7.78%

Cap Rate

1.19

DSCR

$2,726

Rent

$135

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,726 income − $2,591 expenses = $135 cash flow

Income$2,726Mortgage P&I$1,31148%Property Taxes$26610%Insurance$873%Management$32712%CapEx$1094%Vacancy$823%Maintenance$1094%Other$30011%Cash Flow$135

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,337

Downpayment

20%

$47,940

Closing costs

1%

$2,397

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,726

Total Expenses

$2,591

Mortgage P&I

48%

$1,311

Property Taxes

10%

$266

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$327

CapEx

4%

$109

Vacancy

3%

$82

Maintenance

4%

$109

Other

11%

$300

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis