REI Lense

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$4,132 (target)

10 E Atlantic Ave, Villas, NJ 08251

3 beds • 2 baths • 1080 sqft

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This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $106k initial cash invested.

2.61%

Cash On Cash

7.23%

Cap Rate

1.19

DSCR

$4,132

Rent

$230

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,132 income − $3,902 expenses = $230 cash flow

Income$4,132Mortgage P&I$2,12051%Property Taxes$2275%Insurance$1504%Management$49612%CapEx$1654%Vacancy$1243%Maintenance$1654%Other$45511%Cash Flow$230

Investment Breakdown

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Purchase Price

$418k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,520

Closing costs

1%

$4,176

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,132

Total Expenses

$3,902

Mortgage P&I

51%

$2,120

Property Taxes

5%

$227

Home Insurance

4%

$150

HOA

0%

$0

Property Management

12%

$496

CapEx

4%

$165

Vacancy

3%

$124

Maintenance

4%

$165

Other

11%

$455

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