REI Lense

REI Lense

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$2,666 (target)

121 Villanova Rd, Glassboro, NJ 08028

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Long-Term investment with a projected -10.54% first-year return on $83,706 initial cash invested.

-10.54%

Cash On Cash

4.3%

Cap Rate

0.7

DSCR

$2,666

Rent

-$735

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,401 expenses = $735 out of pocket

Income$2,666Out of Pocket$735Mortgage P&I$2,02976%Property Taxes$54020%Insurance$1395%Management$26710%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,706

Downpayment

20%

$79,720

Closing costs

1%

$3,986

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,666

Total Expenses

$3,401

Mortgage P&I

76%

$2,029

Property Taxes

20%

$540

Home Insurance

5%

$139

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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