REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,650 (target)

216 Ridgewood Dr, Northfield, NJ 08225

3 beds • 2 baths • sqft

Email

This property might be a fair Mid-Term investment with a projected 8.33% first-year return on $92,004 initial cash invested.

8.33%

Cash On Cash

8.87%

Cap Rate

1.46

DSCR

$4,650

Rent

$639

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,650 income − $4,011 expenses = $639 cash flow

Income$4,650Mortgage P&I$1,78038%Property Taxes$53512%Insurance$1142%Management$55812%CapEx$1864%Vacancy$1403%Maintenance$1864%Other$51211%Cash Flow$639

Investment Breakdown

|

Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,004

Downpayment

20%

$70,480

Closing costs

1%

$3,524

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,650

Total Expenses

$4,011

Mortgage P&I

38%

$1,780

Property Taxes

12%

$535

Home Insurance

2%

$114

HOA

0%

$0

Property Management

12%

$558

CapEx

4%

$186

Vacancy

3%

$140

Maintenance

4%

$186

Other

11%

$512

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis