REI Lense

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$3,018 (target)

199 Passaic St, Trenton, NJ 08618

3 beds • 2 baths • 1290 sqft

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This property could be a profitable Mid-Term investment with a projected 24.21% first-year return on $49,710 initial cash invested.

24.21%

Cash On Cash

15.08%

Cap Rate

2.45

DSCR

$3,018

Rent

$1,003

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,018 income − $2,015 expenses = $1,003 cash flow

Income$3,018Mortgage P&I$77326%Property Taxes$1405%Insurance$752%Management$36212%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$1,003

Investment Breakdown

|

Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,710

Downpayment

20%

$30,200

Closing costs

1%

$1,510

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$3,018

Total Expenses

$2,015

Mortgage P&I

26%

$773

Property Taxes

5%

$140

Home Insurance

2%

$75

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

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