REI Lense

REI Lense

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$5,150 (target)

143 Lexington Ave, Jersey City, NJ 07304

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -6.76% first-year return on $159k initial cash invested.

-6.76%

Cash On Cash

4.68%

Cap Rate

0.79

DSCR

$5,150

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,694

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,150

Total Expenses

$6,043

Mortgage P&I

64%

$3,295

Property Taxes

15%

$770

Home Insurance

4%

$228

HOA

0%

$0

Property Management

12%

$618

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$566

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