REI Lense

REI Lense

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$2,666 (target)

133 W Lake Ave, Blackwood, NJ 08012

3 beds • 2 baths • 1972 sqft

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This property looks like a bad Long-Term investment with a projected -10.15% first-year return on $77,931 initial cash invested.

-10.15%

Cash On Cash

4.41%

Cap Rate

0.72

DSCR

$2,666

Rent

-$659

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,325 expenses = $659 out of pocket

Income$2,666Out of Pocket$659Mortgage P&I$1,89071%Property Taxes$62023%Insurance$1225%Management$26710%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,931

Downpayment

20%

$74,220

Closing costs

1%

$3,711

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,666

Total Expenses

$3,325

Mortgage P&I

71%

$1,890

Property Taxes

23%

$620

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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