REI Lense

REI Lense

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$2,249 (target)

611 E Polaris Ln, Milton, DE 19968

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -3.88% first-year return on $71,442 initial cash invested.

-3.88%

Cash On Cash

5.67%

Cap Rate

0.93

DSCR

$2,249

Rent

-$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,249 income − $2,480 expenses = $231 out of pocket

Income$2,249Out of Pocket$231Mortgage P&I$1,72777%Property Taxes$472%Insurance$1225%Management$22510%CapEx$1125%Vacancy$1356%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,442

Downpayment

20%

$68,040

Closing costs

1%

$3,402

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,249

Total Expenses

$2,480

Mortgage P&I

77%

$1,727

Property Taxes

2%

$47

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$112

Vacancy

6%

$135

Maintenance

5%

$112

Other

0%

$0

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