REI Lense

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$1,895 (target)

36991 Blue Teal Rd, Selbyville, DE 19975

3 beds • 2 baths • 1000 sqft

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This property looks like a bad Long-Term investment with a projected -11.3% first-year return on $78,246 initial cash invested.

-11.3%

Cash On Cash

4.06%

Cap Rate

0.66

DSCR

$1,895

Rent

-$737

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,895 income − $2,632 expenses = $737 out of pocket

Income$1,895Out of Pocket$737Mortgage P&I$1,902100%Property Taxes$653%Insurance$1719%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,246

Downpayment

20%

$74,520

Closing costs

1%

$3,726

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,895

Total Expenses

$2,632

Mortgage P&I

100%

$1,902

Property Taxes

3%

$65

Home Insurance

9%

$171

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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