REI Lense

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$4,473 (target)

111 Matthews Ave, Villas, NJ 08251

3 beds • 2 baths • 1482 sqft

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This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $109k initial cash invested.

3.66%

Cash On Cash

7.54%

Cap Rate

1.23

DSCR

$4,473

Rent

$334

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,473 income − $4,139 expenses = $334 cash flow

Income$4,473Mortgage P&I$2,22250%Property Taxes$2385%Insurance$1584%Management$53712%CapEx$1794%Vacancy$1343%Maintenance$1794%Other$49211%Cash Flow$334

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$87,040

Closing costs

1%

$4,352

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,473

Total Expenses

$4,139

Mortgage P&I

50%

$2,222

Property Taxes

5%

$238

Home Insurance

4%

$158

HOA

0%

$0

Property Management

12%

$537

CapEx

4%

$179

Vacancy

3%

$134

Maintenance

4%

$179

Other

11%

$492

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