REI Lense

REI Lense

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$5,112 (target)

16 Highland Trl, Denville, NJ 07834

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -4.58% first-year return on $145k initial cash invested.

-4.58%

Cash On Cash

5.31%

Cap Rate

0.88

DSCR

$5,112

Rent

-$553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$604k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,037

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,112

Total Expenses

$5,665

Mortgage P&I

59%

$3,018

Property Taxes

13%

$676

Home Insurance

4%

$210

HOA

0%

$25

Property Management

12%

$613

CapEx

4%

$204

Vacancy

3%

$153

Maintenance

4%

$204

Other

11%

$562

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