REI Lense

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$4,328 (target)

37424 1st St, Rehoboth Beach, DE 19971

3 beds • 3 baths • 1980 sqft

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This property looks like a bad Mid-Term investment with a projected -10.16% first-year return on $182k initial cash invested.

-10.16%

Cash On Cash

4.06%

Cap Rate

0.66

DSCR

$4,328

Rent

-$1,542

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,328 income − $5,870 expenses = $1,542 out of pocket

Income$4,328Out of Pocket$1,542Mortgage P&I$4,01793%Property Taxes$1143%Insurance$2686%Management$51912%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47611%

Investment Breakdown

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Purchase Price

$782k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$182k

Downpayment

20%

$156k

Closing costs

1%

$7,819

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,328

Total Expenses

$5,870

Mortgage P&I

93%

$4,017

Property Taxes

3%

$114

Home Insurance

6%

$268

HOA

0%

$0

Property Management

12%

$519

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$476

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