REI Lense

REI Lense

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$2,012 (target)

199 Passaic St, Trenton, NJ 08618

3 beds • 2 baths • 1290 sqft

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This property could be a profitable Long-Term investment with a projected 18.92% first-year return on $31,710 initial cash invested.

18.92%

Cash On Cash

10.92%

Cap Rate

1.78

DSCR

$2,012

Rent

$500

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,012 income − $1,512 expenses = $500 cash flow

Income$2,012Mortgage P&I$77338%Property Taxes$1407%Insurance$754%Management$20110%CapEx$1015%Vacancy$1216%Maintenance$1015%Cash Flow$500

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,710

Downpayment

20%

$30,200

Closing costs

1%

$1,510

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,012

Total Expenses

$1,512

Mortgage P&I

38%

$773

Property Taxes

7%

$140

Home Insurance

4%

$75

HOA

0%

$0

Property Management

10%

$201

CapEx

5%

$101

Vacancy

6%

$121

Maintenance

5%

$101

Other

0%

$0

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