REI Lense

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$5,346 (target)

18 Providence Lane, Howell, NJ 07731

3 beds • 3 baths • 1962 sqft

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This property looks like a bad Mid-Term investment with a projected -9.54% first-year return on $171k initial cash invested.

-9.54%

Cash On Cash

4.16%

Cap Rate

0.69

DSCR

$5,346

Rent

-$1,357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,346 income − $6,703 expenses = $1,357 out of pocket

Income$5,346Out of Pocket$1,357Mortgage P&I$3,66669%Property Taxes$94318%Insurance$2555%HOA$21Management$64212%CapEx$2144%Vacancy$1603%Maintenance$2144%Other$58811%

Investment Breakdown

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Purchase Price

$727k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$145k

Closing costs

1%

$7,274

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,346

Total Expenses

$6,703

Mortgage P&I

69%

$3,666

Property Taxes

18%

$943

Home Insurance

5%

$255

HOA

0%

$21

Property Management

12%

$642

CapEx

4%

$214

Vacancy

3%

$160

Maintenance

4%

$214

Other

11%

$588

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