REI Lense

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$2,241 (target)

8560 Cedar Creek Rd, Lincoln, DE 19960

3 beds • 2 baths • 1865 sqft

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This property looks like a bad Long-Term investment with a projected -12.58% first-year return on $115k initial cash invested.

-12.58%

Cash On Cash

3.28%

Cap Rate

0.58

DSCR

$2,241

Rent

-$1,211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,241 income − $3,452 expenses = $1,211 out of pocket

Income$2,241Out of Pocket$1,211Mortgage P&I$2,602116%Property Taxes$763%Insurance$1929%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$110k

Closing costs

1%

$5,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,241

Total Expenses

$3,452

Mortgage P&I

116%

$2,602

Property Taxes

3%

$76

Home Insurance

9%

$192

HOA

0%

$0

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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