REI Lense

REI Lense

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$3,999 (target)

121 Villanova Rd, Glassboro, NJ 08028

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Mid-Term investment with a projected -0.81% first-year return on $102k initial cash invested.

-0.81%

Cash On Cash

6.38%

Cap Rate

1.04

DSCR

$3,999

Rent

-$69

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,999 income − $4,068 expenses = $69 out of pocket

Income$3,999Out of Pocket$69Mortgage P&I$2,02951%Property Taxes$54014%Insurance$1393%Management$48012%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44011%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,720

Closing costs

1%

$3,986

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,999

Total Expenses

$4,068

Mortgage P&I

51%

$2,029

Property Taxes

14%

$540

Home Insurance

3%

$139

HOA

0%

$0

Property Management

12%

$480

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$440

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