REI Lense

REI Lense

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$4,982 (target)

131 Maple Pl, South Plainfield, NJ 07080

3 beds • 2 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 0.71% first-year return on $120k initial cash invested.

0.71%

Cash On Cash

6.51%

Cap Rate

1.11

DSCR

$4,982

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$97,000

Closing costs

1%

$4,850

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,982

Total Expenses

$4,911

Mortgage P&I

47%

$2,363

Property Taxes

14%

$685

Home Insurance

3%

$170

HOA

0%

$0

Property Management

12%

$598

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$548

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