REI Lense

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$4,764 (target)

1030 Sterling Rd, Union, NJ 07083

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -10.31% first-year return on $155k initial cash invested.

-10.31%

Cash On Cash

4.02%

Cap Rate

0.66

DSCR

$4,764

Rent

-$1,331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,764 income − $6,095 expenses = $1,331 out of pocket

Income$4,764Out of Pocket$1,331Mortgage P&I$3,32570%Property Taxes$92519%Insurance$2245%Management$57212%CapEx$1914%Vacancy$1433%Maintenance$1914%Other$52411%

Investment Breakdown

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Purchase Price

$652k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$155k

Downpayment

20%

$130k

Closing costs

1%

$6,517

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,764

Total Expenses

$6,095

Mortgage P&I

70%

$3,325

Property Taxes

19%

$925

Home Insurance

5%

$224

HOA

0%

$0

Property Management

12%

$572

CapEx

4%

$191

Vacancy

3%

$143

Maintenance

4%

$191

Other

11%

$524

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