REI Lense

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$2,073 (target)

2020 S Union Rd, Vineland, NJ 08361

3 beds • 2 baths • 1734 sqft

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This property might be a fair Long-Term investment with a projected 1.69% first-year return on $44,079 initial cash invested.

1.69%

Cash On Cash

7.04%

Cap Rate

1.16

DSCR

$2,073

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,073 income − $2,011 expenses = $62 cash flow

Income$2,073Mortgage P&I$1,06651%Property Taxes$33216%Insurance$744%Management$20710%CapEx$1045%Vacancy$1246%Maintenance$1045%Cash Flow$62

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,079

Downpayment

20%

$41,980

Closing costs

1%

$2,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,073

Total Expenses

$2,011

Mortgage P&I

51%

$1,066

Property Taxes

16%

$332

Home Insurance

4%

$74

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$104

Vacancy

6%

$124

Maintenance

5%

$104

Other

0%

$0

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