REI Lense

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$4,960 (target)

1642 Park St, Rahway, NJ 07065

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $119k initial cash invested.

0.9%

Cash On Cash

6.57%

Cap Rate

1.12

DSCR

$4,960

Rent

$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,960 income − $4,871 expenses = $89 cash flow

Income$4,960Mortgage P&I$2,35447%Property Taxes$66513%Insurance$1663%Management$59512%CapEx$1984%Vacancy$1493%Maintenance$1984%Other$54611%Cash Flow$89

Investment Breakdown

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Purchase Price

$482k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,440

Closing costs

1%

$4,822

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,960

Total Expenses

$4,871

Mortgage P&I

47%

$2,354

Property Taxes

13%

$665

Home Insurance

3%

$166

HOA

0%

$0

Property Management

12%

$595

CapEx

4%

$198

Vacancy

3%

$149

Maintenance

4%

$198

Other

11%

$546

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