REI Lense

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$2,477 (target)

1100 Charles St, Vineland, NJ 08360

3 beds • 2 baths • 1288 sqft

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This property looks like a bad Long-Term investment with a projected -11.2% first-year return on $77,805 initial cash invested.

-11.2%

Cash On Cash

4.17%

Cap Rate

0.68

DSCR

$2,477

Rent

-$726

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,477 income − $3,203 expenses = $726 out of pocket

Income$2,477Out of Pocket$726Mortgage P&I$1,89076%Property Taxes$53822%Insurance$1305%Management$24810%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,805

Downpayment

20%

$74,100

Closing costs

1%

$3,705

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,477

Total Expenses

$3,203

Mortgage P&I

76%

$1,890

Property Taxes

22%

$538

Home Insurance

5%

$130

HOA

0%

$0

Property Management

10%

$248

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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