REI Lense

REI Lense

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$3,304 (target)

2013 Whitcomb Road, Forked River, NJ 08731

3 beds • 2 baths • 1350 sqft

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This property looks like a bad Long-Term investment with a projected -7.14% first-year return on $98,532 initial cash invested.

-7.14%

Cash On Cash

5.04%

Cap Rate

0.82

DSCR

$3,304

Rent

-$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,304 income − $3,890 expenses = $586 out of pocket

Income$3,304Out of Pocket$586Mortgage P&I$2,39372%Property Taxes$46814%Insurance$1715%Management$33010%CapEx$1655%Vacancy$1986%Maintenance$1655%

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,532

Downpayment

20%

$93,840

Closing costs

1%

$4,692

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,304

Total Expenses

$3,890

Mortgage P&I

72%

$2,393

Property Taxes

14%

$468

Home Insurance

5%

$171

HOA

0%

$0

Property Management

10%

$330

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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