REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,434 (target)

2 12th St, Burlington, NJ 08016

3 beds • 2 baths • 1038 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.47% first-year return on $67,179 initial cash invested.

-6.47%

Cash On Cash

5.17%

Cap Rate

0.85

DSCR

$2,434

Rent

-$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,434 income − $2,796 expenses = $362 out of pocket

Income$2,434Out of Pocket$362Mortgage P&I$1,61766%Property Taxes$42417%Insurance$1225%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,434

Total Expenses

$2,796

Mortgage P&I

66%

$1,617

Property Taxes

17%

$424

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis