REI Lense

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$4,706 (target)

2018 High Bank Rd, Mays Landing, NJ 08330

3 beds • 2 baths • 2200 sqft

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This property looks like a bad Mid-Term investment with a projected -0.48% first-year return on $115k initial cash invested.

-0.48%

Cash On Cash

6.35%

Cap Rate

1.06

DSCR

$4,706

Rent

-$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,706 income − $4,752 expenses = $46 out of pocket

Income$4,706Out of Pocket$46Mortgage P&I$2,29749%Property Taxes$69115%Insurance$1643%Management$56512%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51811%

Investment Breakdown

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Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$115k

Downpayment

20%

$92,160

Closing costs

1%

$4,608

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,706

Total Expenses

$4,752

Mortgage P&I

49%

$2,297

Property Taxes

15%

$691

Home Insurance

3%

$164

HOA

0%

$0

Property Management

12%

$565

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$518

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