REI Lense

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$5,410 (target)

15 Westminster Dr, Voorhees, NJ 08043

3 beds • 3 baths • 2490 sqft

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This property looks like a bad Mid-Term investment with a projected -8.62% first-year return on $157k initial cash invested.

-8.62%

Cash On Cash

4.44%

Cap Rate

0.73

DSCR

$5,410

Rent

-$1,128

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,410 income − $6,538 expenses = $1,128 out of pocket

Income$5,410Out of Pocket$1,128Mortgage P&I$3,36462%Property Taxes$1,10020%Insurance$2364%Management$64912%CapEx$2164%Vacancy$1623%Maintenance$2164%Other$59511%

Investment Breakdown

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Purchase Price

$662k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$132k

Closing costs

1%

$6,621

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,410

Total Expenses

$6,538

Mortgage P&I

62%

$3,364

Property Taxes

20%

$1,100

Home Insurance

4%

$236

HOA

0%

$0

Property Management

12%

$649

CapEx

4%

$216

Vacancy

3%

$162

Maintenance

4%

$216

Other

11%

$595

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