REI Lense

REI Lense

$5,138 (target)

2008 Maple Ave, South Plainfield, NJ 07080

3 beds • 2 baths • 0 sqft

Email

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

Cash Flow

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

Income$5,138P&I$2,58450%Taxes$62412%Insurance$1753%Mgmt$61712%CapEx$2064%Vacancy$1543%Maint.$2064%Other$56511%Cash Flow$7

Investment Breakdown

|

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

See South Plainfield, NJ mid-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis