REI Lense

REI Lense

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$4,130 (target)

185 Arborridge Drive, Forked River, NJ 08731

3 beds • 3 baths • 2677 sqft

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This property looks like a bad Long-Term investment with a projected -16.3% first-year return on $159k initial cash invested.

-16.3%

Cash On Cash

2.81%

Cap Rate

0.48

DSCR

$4,130

Rent

-$2,159

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

$159k

Downpayment

20%

$151k

Closing costs

1%

$7,569

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,130

Total Expenses

$6,289

Mortgage P&I

90%

$3,725

Property Taxes

23%

$940

Home Insurance

6%

$266

HOA

7%

$285

Property Management

10%

$413

CapEx

5%

$206

Vacancy

6%

$248

Maintenance

5%

$206

Other

0%

$0

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