REI Lense

REI Lense

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$3,074 (target)

133 Abbey Rd, Voorhees, NJ 08043

3 beds • 3 baths • 1988 sqft

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This property looks like a bad Long-Term investment with a projected -14.76% first-year return on $111k initial cash invested.

-14.76%

Cash On Cash

3.11%

Cap Rate

0.53

DSCR

$3,074

Rent

-$1,370

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$531k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$106k

Closing costs

1%

$5,305

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,074

Total Expenses

$4,444

Mortgage P&I

84%

$2,592

Property Taxes

28%

$864

Home Insurance

6%

$175

HOA

0%

$14

Property Management

10%

$307

CapEx

5%

$154

Vacancy

6%

$184

Maintenance

5%

$154

Other

0%

$0

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