REI Lense

REI Lense

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$3,889 (target)

2 Farmingdale Rd, East Brunswick, NJ 08816

3 beds • 3 baths • 1561 sqft

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This property looks like a bad Long-Term investment with a projected -14.81% first-year return on $133k initial cash invested.

-14.81%

Cash On Cash

3.43%

Cap Rate

0.56

DSCR

$3,889

Rent

-$1,642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,889 income − $5,531 expenses = $1,642 out of pocket

Income$3,889Out of Pocket$1,642Mortgage P&I$3,25884%Property Taxes$1,01826%Insurance$2456%Management$38910%CapEx$1945%Vacancy$2336%Maintenance$1945%

Investment Breakdown

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Purchase Price

$634k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,889

Total Expenses

$5,531

Mortgage P&I

84%

$3,258

Property Taxes

26%

$1,018

Home Insurance

6%

$245

HOA

0%

$0

Property Management

10%

$389

CapEx

5%

$194

Vacancy

6%

$233

Maintenance

5%

$194

Other

0%

$0

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