REI Lense

REI Lense

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$3,192 (target)

1517 Beverly Ter, Cherry Hill, NJ 08003

3 beds • 2 baths • 1565 sqft

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This property looks like a bad Long-Term investment with a projected -9.16% first-year return on $96,390 initial cash invested.

-9.16%

Cash On Cash

4.52%

Cap Rate

0.75

DSCR

$3,192

Rent

-$736

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,192 income − $3,928 expenses = $736 out of pocket

Income$3,192Out of Pocket$736Mortgage P&I$2,30372%Property Taxes$63320%Insurance$1615%Management$31910%CapEx$1605%Vacancy$1926%Maintenance$1605%

Investment Breakdown

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Purchase Price

$459k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,390

Downpayment

20%

$91,800

Closing costs

1%

$4,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,192

Total Expenses

$3,928

Mortgage P&I

72%

$2,303

Property Taxes

20%

$633

Home Insurance

5%

$161

HOA

0%

$0

Property Management

10%

$319

CapEx

5%

$160

Vacancy

6%

$192

Maintenance

5%

$160

Other

0%

$0

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