REI Lense

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$2,845 (target)

15 Chestnut Street, Waretown, NJ 08758

3 beds • 2 baths • 1196 sqft

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This property looks like a bad Long-Term investment with a projected -10.84% first-year return on $91,098 initial cash invested.

-10.84%

Cash On Cash

4.54%

Cap Rate

0.71

DSCR

$2,845

Rent

-$823

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,845 income − $3,668 expenses = $823 out of pocket

Income$2,845Out of Pocket$823Mortgage P&I$2,32282%Property Taxes$46016%Insurance$1475%Management$28410%CapEx$1425%Vacancy$1716%Maintenance$1425%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,098

Downpayment

20%

$86,760

Closing costs

1%

$4,338

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,845

Total Expenses

$3,668

Mortgage P&I

82%

$2,322

Property Taxes

16%

$460

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$171

Maintenance

5%

$142

Other

0%

$0

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