REI Lense

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$4,310 (target)

119 Bacchus Ave, Gibbstown, NJ 08027

3 beds • 2 baths • 2264 sqft

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This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $98,703 initial cash invested.

3.64%

Cash On Cash

7.45%

Cap Rate

1.25

DSCR

$4,310

Rent

$299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,310 income − $4,011 expenses = $299 cash flow

Income$4,310Mortgage P&I$1,91444%Property Taxes$49311%Insurance$1403%Management$51712%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47411%Cash Flow$299

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,703

Downpayment

20%

$76,860

Closing costs

1%

$3,843

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,310

Total Expenses

$4,011

Mortgage P&I

44%

$1,914

Property Taxes

11%

$493

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$517

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$474

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