REI Lense

REI Lense

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$2,297 (target)

104-106 S Main St, Pennington, NJ 08534

6 beds • 4 baths • 3250 sqft • 2 units

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This property looks like a bad Long-Term investment with a projected -20.04% first-year return on $194k initial cash invested.

-20.04%

Cash On Cash

1.88%

Cap Rate

0.33

DSCR

$4,594

Rent

-$3,238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$923k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$194k

Downpayment

20%

$185k

Closing costs

1%

$9,233

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,594

Total Expenses

$7,832

Mortgage P&I

97%

$4,458

Property Taxes

40%

$1,856

Home Insurance

7%

$323

HOA

0%

$0

Property Management

10%

$459

CapEx

5%

$230

Vacancy

6%

$276

Maintenance

5%

$230

Other

0%

$0

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