REI Lense

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$5,138 (target)

2008 Maple Ave, South Plainfield, NJ 07080

3 beds • 2 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 0.07% first-year return on $125k initial cash invested.

0.07%

Cash On Cash

6.57%

Cap Rate

1.08

DSCR

$5,138

Rent

$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,138 income − $5,131 expenses = $7 cash flow

Income$5,138Mortgage P&I$2,58450%Property Taxes$62412%Insurance$1753%Management$61712%CapEx$2064%Vacancy$1543%Maintenance$2064%Other$56511%Cash Flow$7

Investment Breakdown

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Purchase Price

$511k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,111

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,138

Total Expenses

$5,131

Mortgage P&I

50%

$2,584

Property Taxes

12%

$624

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$617

CapEx

4%

$206

Vacancy

3%

$154

Maintenance

4%

$206

Other

11%

$565

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