REI Lense

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$4,550 (target)

203 Evergreen Dr, Willingboro, NJ 08046

3 beds • 2 baths • 1322 sqft

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This property might be a fair Mid-Term investment with a projected 8.79% first-year return on $88,350 initial cash invested.

8.79%

Cash On Cash

9.09%

Cap Rate

1.48

DSCR

$4,550

Rent

$647

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,550 income − $3,903 expenses = $647 cash flow

Income$4,550Mortgage P&I$1,71038%Property Taxes$53012%Insurance$1173%Management$54612%CapEx$1824%Vacancy$1363%Maintenance$1824%Other$50011%Cash Flow$647

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,550

Total Expenses

$3,903

Mortgage P&I

38%

$1,710

Property Taxes

12%

$530

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$136

Maintenance

4%

$182

Other

11%

$500

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