REI Lense

REI Lense

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$4,610 (target)

1413 Stanley Drive, Wall Township, NJ 07719

3 beds • 3 baths • 2194 sqft

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This property looks like a bad Long-Term investment with a projected -15.54% first-year return on $195k initial cash invested.

-15.54%

Cash On Cash

3.15%

Cap Rate

0.52

DSCR

$4,610

Rent

-$2,520

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,610 income − $7,130 expenses = $2,520 out of pocket

Income$4,610Out of Pocket$2,520Mortgage P&I$4,725102%Property Taxes$89219%Insurance$3157%Management$46110%CapEx$2305%Vacancy$2776%Maintenance$2305%

Investment Breakdown

|

Purchase Price

$927k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$185k

Closing costs

1%

$9,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,610

Total Expenses

$7,130

Mortgage P&I

102%

$4,725

Property Taxes

19%

$892

Home Insurance

7%

$315

HOA

0%

$0

Property Management

10%

$461

CapEx

5%

$230

Vacancy

6%

$277

Maintenance

5%

$230

Other

0%

$0

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