REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,817 (target)

3512 Delmar Dr, Erie, PA 16506

3 beds • 2 baths • 1780 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.63% first-year return on $50,337 initial cash invested.

-7.63%

Cash On Cash

5.42%

Cap Rate

0.83

DSCR

$1,817

Rent

-$320

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,817 income − $2,137 expenses = $320 out of pocket

Income$1,817Out of Pocket$320Mortgage P&I$1,31172%Property Taxes$26615%Insurance$875%Management$18210%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,337

Downpayment

20%

$47,940

Closing costs

1%

$2,397

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,817

Total Expenses

$2,137

Mortgage P&I

72%

$1,311

Property Taxes

15%

$266

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$182

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis