REI Lense

REI Lense

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$3,315 (target)

117 Ridge Rd, Cherry Hill, NJ 08002

3 beds • 2 baths • 1736 sqft

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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $99,036 initial cash invested.

-9.58%

Cash On Cash

4.36%

Cap Rate

0.73

DSCR

$3,315

Rent

-$791

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,315 income − $4,106 expenses = $791 out of pocket

Income$3,315Out of Pocket$791Mortgage P&I$2,33971%Property Taxes$75223%Insurance$1525%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$472k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,036

Downpayment

20%

$94,320

Closing costs

1%

$4,716

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,315

Total Expenses

$4,106

Mortgage P&I

71%

$2,339

Property Taxes

23%

$752

Home Insurance

5%

$152

HOA

0%

$0

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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