REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,003 (target)

38431 Parker Rd, Millsboro, DE 19966

3 beds • 2 baths • 1077 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $89,085 initial cash invested.

0.82%

Cash On Cash

6.77%

Cap Rate

1.1

DSCR

$3,003

Rent

$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,003 income − $2,942 expenses = $61 cash flow

Income$3,003Mortgage P&I$1,72958%Property Taxes$532%Insurance$1405%Management$36012%CapEx$1204%Vacancy$903%Maintenance$1204%Other$33011%Cash Flow$61

Investment Breakdown

|

Purchase Price

$339k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,085

Downpayment

20%

$67,700

Closing costs

1%

$3,385

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,003

Total Expenses

$2,942

Mortgage P&I

58%

$1,729

Property Taxes

2%

$53

Home Insurance

5%

$140

HOA

0%

$0

Property Management

12%

$360

CapEx

4%

$120

Vacancy

3%

$90

Maintenance

4%

$120

Other

11%

$330

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis