REI Lense

REI Lense

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$4,452 (target)

111 Ballantine Rd, Andover, NJ 07821

3 beds • 4 baths • sqft

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This property looks like a bad Long-Term investment with a projected -20.55% first-year return on $197k initial cash invested.

-20.55%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$4,452

Rent

-$3,378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,452 income − $7,830 expenses = $3,378 out of pocket

Income$4,452Out of Pocket$3,378Mortgage P&I$4,759107%Property Taxes$1,58136%Insurance$3327%Management$44510%CapEx$2235%Vacancy$2676%Maintenance$2235%

Investment Breakdown

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Purchase Price

$940k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$197k

Downpayment

20%

$188k

Closing costs

1%

$9,395

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,452

Total Expenses

$7,830

Mortgage P&I

107%

$4,759

Property Taxes

36%

$1,581

Home Insurance

7%

$332

HOA

0%

$0

Property Management

10%

$445

CapEx

5%

$223

Vacancy

6%

$267

Maintenance

5%

$223

Other

0%

$0

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