REI Lense

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$4,378 (target)

651 Mayfield Falls Dr, Newark, DE 19702

3 beds • 2 baths • 2075 sqft

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This property looks like a bad Mid-Term investment with a projected -5.27% first-year return on $130k initial cash invested.

-5.27%

Cash On Cash

5.06%

Cap Rate

0.85

DSCR

$4,378

Rent

-$570

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,378 income − $4,948 expenses = $570 out of pocket

Income$4,378Out of Pocket$570Mortgage P&I$2,64160%Property Taxes$49811%Insurance$1834%HOA$1383%Management$52512%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

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Purchase Price

$533k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$107k

Closing costs

1%

$5,329

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,378

Total Expenses

$4,948

Mortgage P&I

60%

$2,641

Property Taxes

11%

$498

Home Insurance

4%

$183

HOA

3%

$138

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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