REI Lense

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$3,774 (target)

2 Summerlawn Drive, Lakewood, NJ 08701

3 beds • 2 baths • 1863 sqft

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This property looks like a bad Mid-Term investment with a projected -15.07% first-year return on $136k initial cash invested.

-15.07%

Cash On Cash

3.22%

Cap Rate

0.49

DSCR

$3,774

Rent

-$1,713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,774 income − $5,487 expenses = $1,713 out of pocket

Income$3,774Out of Pocket$1,713Mortgage P&I$3,07782%Property Taxes$62016%Insurance$1995%HOA$3088%Management$45312%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%

Investment Breakdown

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Purchase Price

$564k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$136k

Downpayment

20%

$113k

Closing costs

1%

$5,638

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,774

Total Expenses

$5,487

Mortgage P&I

82%

$3,077

Property Taxes

16%

$620

Home Insurance

5%

$199

HOA

8%

$308

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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