REI Lense

REI Lense

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$4,406 (target)

22 Tuxedo Drive, Wayne, NJ 07470

3 beds • 3 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -15.26% first-year return on $160k initial cash invested.

-15.26%

Cash On Cash

3.24%

Cap Rate

0.53

DSCR

$4,406

Rent

-$2,033

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,406 income − $6,439 expenses = $2,033 out of pocket

Income$4,406Out of Pocket$2,033Mortgage P&I$3,86788%Property Taxes$1,18227%Insurance$2456%Management$44110%CapEx$2205%Vacancy$2646%Maintenance$2205%

Investment Breakdown

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Purchase Price

$761k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$160k

Downpayment

20%

$152k

Closing costs

1%

$7,613

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,406

Total Expenses

$6,439

Mortgage P&I

88%

$3,867

Property Taxes

27%

$1,182

Home Insurance

6%

$245

HOA

0%

$0

Property Management

10%

$441

CapEx

5%

$220

Vacancy

6%

$264

Maintenance

5%

$220

Other

0%

$0

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