REI Lense

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$5,792 (target)

197 Iva St, Rahway, NJ 07065

3 beds • 3 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 3.28% first-year return on $144k initial cash invested.

3.28%

Cash On Cash

7.31%

Cap Rate

1.21

DSCR

$5,792

Rent

$394

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,792 income − $5,398 expenses = $394 cash flow

Income$5,792Mortgage P&I$3,02952%Property Taxes$1893%Insurance$2104%Management$69512%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63711%Cash Flow$394

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,792

Total Expenses

$5,398

Mortgage P&I

52%

$3,029

Property Taxes

3%

$189

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$695

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$637

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