REI Lense

REI Lense

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$4,002 (target)

1578 Broad St, Bloomfield, NJ 07003

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -16.97% first-year return on $158k initial cash invested.

-16.97%

Cash On Cash

2.8%

Cap Rate

0.46

DSCR

$4,002

Rent

-$2,228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,002 income − $6,230 expenses = $2,228 out of pocket

Income$4,002Out of Pocket$2,228Mortgage P&I$3,78194%Property Taxes$1,16429%Insurance$2456%Management$40010%CapEx$2005%Vacancy$2406%Maintenance$2005%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,504

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,002

Total Expenses

$6,230

Mortgage P&I

94%

$3,781

Property Taxes

29%

$1,164

Home Insurance

6%

$245

HOA

0%

$0

Property Management

10%

$400

CapEx

5%

$200

Vacancy

6%

$240

Maintenance

5%

$200

Other

0%

$0

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