REI Lense

REI Lense

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$2,869 (target)

109 Surrey Rd, Voorhees, NJ 08043

3 beds • 2 baths • 1996 sqft

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This property looks like a bad Long-Term investment with a projected -11.67% first-year return on $86,163 initial cash invested.

-11.67%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$2,869

Rent

-$838

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,869 income − $3,707 expenses = $838 out of pocket

Income$2,869Out of Pocket$838Mortgage P&I$2,04571%Property Taxes$77227%Insurance$1455%Management$28710%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,163

Downpayment

20%

$82,060

Closing costs

1%

$4,103

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,869

Total Expenses

$3,707

Mortgage P&I

71%

$2,045

Property Taxes

27%

$772

Home Insurance

5%

$145

HOA

0%

$0

Property Management

10%

$287

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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