REI Lense

REI Lense

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$3,278 (target)

2067 Chestnut St, Hammonton, NJ 08037

3 beds • 3 baths • 2562 sqft

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This property looks like a bad Long-Term investment with a projected -20.14% first-year return on $152k initial cash invested.

-20.14%

Cash On Cash

2.04%

Cap Rate

0.34

DSCR

$3,278

Rent

-$2,555

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,278 income − $5,833 expenses = $2,555 out of pocket

Income$3,278Out of Pocket$2,555Mortgage P&I$3,623111%Property Taxes$1,09833%Insurance$2598%Management$32810%CapEx$1645%Vacancy$1976%Maintenance$1645%

Investment Breakdown

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Purchase Price

$725k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$145k

Closing costs

1%

$7,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,278

Total Expenses

$5,833

Mortgage P&I

111%

$3,623

Property Taxes

34%

$1,098

Home Insurance

8%

$259

HOA

0%

$0

Property Management

10%

$328

CapEx

5%

$164

Vacancy

6%

$197

Maintenance

5%

$164

Other

0%

$0

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