REI Lense

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$6,195 (target)

185 Arborridge Drive, Forked River, NJ 08731

3 beds • 3 baths • 2677 sqft

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This property looks like a bad Mid-Term investment with a projected -7.64% first-year return on $177k initial cash invested.

-7.64%

Cash On Cash

4.51%

Cap Rate

0.76

DSCR

$6,195

Rent

-$1,127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$757k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$151k

Closing costs

1%

$7,569

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,195

Total Expenses

$7,322

Mortgage P&I

60%

$3,725

Property Taxes

15%

$940

Home Insurance

4%

$266

HOA

5%

$285

Property Management

12%

$743

CapEx

4%

$248

Vacancy

3%

$186

Maintenance

4%

$248

Other

11%

$681

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