REI Lense

REI Lense

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$2,369 (target)

38531 Blue Hen Dr, Selbyville, DE 19975

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -10.41% first-year return on $91,833 initial cash invested.

-10.41%

Cash On Cash

4.17%

Cap Rate

0.69

DSCR

$2,369

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,369 income − $3,166 expenses = $797 out of pocket

Income$2,369Out of Pocket$797Mortgage P&I$2,19993%Property Taxes$1115%Insurance$1617%HOA$803%Management$23710%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

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Purchase Price

$437k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,833

Downpayment

20%

$87,460

Closing costs

1%

$4,373

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,369

Total Expenses

$3,166

Mortgage P&I

93%

$2,199

Property Taxes

5%

$111

Home Insurance

7%

$161

HOA

3%

$80

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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