REI Lense

REI Lense

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$3,547 (target)

110 S Lake Drive, Lakewood, NJ 08701

3 beds • 4 baths • 1212 sqft

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This property looks like a bad Long-Term investment with a projected -12.18% first-year return on $126k initial cash invested.

-12.18%

Cash On Cash

3.82%

Cap Rate

0.63

DSCR

$3,547

Rent

-$1,277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,547

Total Expenses

$4,824

Mortgage P&I

85%

$3,005

Property Taxes

19%

$687

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$355

CapEx

5%

$177

Vacancy

6%

$213

Maintenance

5%

$177

Other

0%

$0

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