REI Lense

REI Lense

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$4,405 (target)

10 Benvenue Ave, West Orange, NJ 07052

3 beds • 3 baths • 1625 sqft

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This property looks like a bad Long-Term investment with a projected -15.1% first-year return on $150k initial cash invested.

-15.1%

Cash On Cash

3.1%

Cap Rate

0.53

DSCR

$4,405

Rent

-$1,885

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$714k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$150k

Downpayment

20%

$143k

Closing costs

1%

$7,135

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,405

Total Expenses

$6,290

Mortgage P&I

80%

$3,511

Property Taxes

31%

$1,381

Home Insurance

6%

$254

HOA

0%

$0

Property Management

10%

$440

CapEx

5%

$220

Vacancy

6%

$264

Maintenance

5%

$220

Other

0%

$0

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