REI Lense

REI Lense

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$2,153 (target)

768 Salem Church Rd, Newark, DE 19702

3 beds • 2 baths • 1225 sqft

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This property looks like a bad Long-Term investment with a projected -13.73% first-year return on $90,951 initial cash invested.

-13.73%

Cash On Cash

3.55%

Cap Rate

0.58

DSCR

$2,153

Rent

-$1,041

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$433k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,951

Downpayment

20%

$86,620

Closing costs

1%

$4,331

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,153

Total Expenses

$3,194

Mortgage P&I

103%

$2,216

Property Taxes

12%

$268

Home Insurance

7%

$150

HOA

0%

$0

Property Management

10%

$215

CapEx

5%

$108

Vacancy

6%

$129

Maintenance

5%

$108

Other

0%

$0

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