REI Lense

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$3,800 (target)

35594 Williamsville Rd, Selbyville, DE 19975

3 beds • 3 baths • 1860 sqft

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This property might be a fair Mid-Term investment with a projected 4.4% first-year return on $94,356 initial cash invested.

4.4%

Cash On Cash

7.8%

Cap Rate

1.27

DSCR

$3,800

Rent

$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,800 income − $3,454 expenses = $346 cash flow

Income$3,800Mortgage P&I$1,86649%Property Taxes$762%Insurance$1895%HOA$311%Management$45612%CapEx$1524%Vacancy$1143%Maintenance$1524%Other$41811%Cash Flow$346

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,800

Total Expenses

$3,454

Mortgage P&I

49%

$1,866

Property Taxes

2%

$76

Home Insurance

5%

$189

HOA

1%

$31

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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