REI Lense

REI Lense

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$5,308 (target)

11 Iroquois Ave, Rockaway, NJ 07866

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -7.46% first-year return on $148k initial cash invested.

-7.46%

Cash On Cash

4.73%

Cap Rate

0.78

DSCR

$5,308

Rent

-$920

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,308 income − $6,228 expenses = $920 out of pocket

Income$5,308Out of Pocket$920Mortgage P&I$3,14959%Property Taxes$97818%Insurance$2174%HOA$802%Management$63712%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58411%

Investment Breakdown

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Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,190

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,308

Total Expenses

$6,228

Mortgage P&I

59%

$3,149

Property Taxes

18%

$978

Home Insurance

4%

$217

HOA

2%

$80

Property Management

12%

$637

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$584

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