REI Lense

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$5,212 (target)

2209 Crestwood Drive, Forked River, NJ 08731

3 beds • 2 baths • 1712 sqft

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This property might be a fair Mid-Term investment with a projected 0.15% first-year return on $132k initial cash invested.

0.15%

Cash On Cash

6.52%

Cap Rate

1.08

DSCR

$5,212

Rent

$17

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,212 income − $5,195 expenses = $17 cash flow

Income$5,212Mortgage P&I$2,72552%Property Taxes$55011%Insurance$1503%Management$62512%CapEx$2084%Vacancy$1563%Maintenance$2084%Other$57311%Cash Flow$17

Investment Breakdown

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Purchase Price

$543k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,431

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,212

Total Expenses

$5,195

Mortgage P&I

52%

$2,725

Property Taxes

11%

$550

Home Insurance

3%

$150

HOA

0%

$0

Property Management

12%

$625

CapEx

4%

$208

Vacancy

3%

$156

Maintenance

4%

$208

Other

11%

$573

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