REI Lense

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$2,922 (target)

205 Gloucester Ave, Somerdale, NJ 08083

3 beds • 2 baths • 2328 sqft

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This property looks like a bad Long-Term investment with a projected -8.42% first-year return on $79,401 initial cash invested.

-8.42%

Cash On Cash

4.67%

Cap Rate

0.78

DSCR

$2,922

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,922 income − $3,479 expenses = $557 out of pocket

Income$2,922Out of Pocket$557Mortgage P&I$1,88364%Property Taxes$69724%Insurance$1405%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,922

Total Expenses

$3,479

Mortgage P&I

64%

$1,883

Property Taxes

24%

$697

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

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