REI Lense

REI Lense

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$5,391 (target)

1 Aberdeen Ct, Cranford, NJ 07016

3 beds • 3 baths • 8860 sqft

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This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $171k initial cash invested.

-10.44%

Cash On Cash

4.19%

Cap Rate

0.7

DSCR

$5,391

Rent

-$1,490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,391 income − $6,881 expenses = $1,490 out of pocket

Income$5,391Out of Pocket$1,490Mortgage P&I$4,06575%Property Taxes$1,16922%Insurance$2455%Management$53910%CapEx$2705%Vacancy$3236%Maintenance$2705%

Investment Breakdown

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Purchase Price

$815k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$163k

Closing costs

1%

$8,152

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$5,391

Total Expenses

$6,881

Mortgage P&I

75%

$4,065

Property Taxes

22%

$1,169

Home Insurance

5%

$245

HOA

0%

$0

Property Management

10%

$539

CapEx

5%

$270

Vacancy

6%

$323

Maintenance

5%

$270

Other

0%

$0

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