REI Lense

REI Lense

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$2,720 (target)

1650 Mills Ln, Williamstown, NJ 08094

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Long-Term investment with a projected -12.62% first-year return on $86,898 initial cash invested.

-12.62%

Cash On Cash

3.87%

Cap Rate

0.63

DSCR

$2,720

Rent

-$914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,898

Downpayment

20%

$82,760

Closing costs

1%

$4,138

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,720

Total Expenses

$3,634

Mortgage P&I

78%

$2,111

Property Taxes

25%

$669

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$272

CapEx

5%

$136

Vacancy

6%

$163

Maintenance

5%

$136

Other

0%

$0

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