REI Lense

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$3,053 (target)

2091 Old York Rd, Burlington, NJ 08016

3 beds • 2 baths • 2040 sqft

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This property looks like a bad Long-Term investment with a projected -7.5% first-year return on $83,979 initial cash invested.

-7.5%

Cash On Cash

4.74%

Cap Rate

0.81

DSCR

$3,053

Rent

-$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,053 income − $3,578 expenses = $525 out of pocket

Income$3,053Out of Pocket$525Mortgage P&I$1,95264%Property Taxes$69223%Insurance$1405%Management$30510%CapEx$1535%Vacancy$1836%Maintenance$1535%

Investment Breakdown

|

Purchase Price

$400k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,979

Downpayment

20%

$79,980

Closing costs

1%

$3,999

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,053

Total Expenses

$3,578

Mortgage P&I

64%

$1,952

Property Taxes

23%

$692

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$305

CapEx

5%

$153

Vacancy

6%

$183

Maintenance

5%

$153

Other

0%

$0

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