REI Lense

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$4,031 (target)

193 Alpine Trl, Sparta, NJ 07871

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -11.46% first-year return on $110k initial cash invested.

-11.46%

Cash On Cash

4.19%

Cap Rate

0.68

DSCR

$4,031

Rent

-$1,053

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,031 income − $5,084 expenses = $1,053 out of pocket

Income$4,031Out of Pocket$1,053Mortgage P&I$2,68367%Property Taxes$90122%Insurance$1845%HOA$2677%Management$40310%CapEx$2025%Vacancy$2426%Maintenance$2025%

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,031

Total Expenses

$5,084

Mortgage P&I

67%

$2,683

Property Taxes

22%

$901

Home Insurance

5%

$184

HOA

7%

$267

Property Management

10%

$403

CapEx

5%

$202

Vacancy

6%

$242

Maintenance

5%

$202

Other

0%

$0

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