REI Lense

REI Lense

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$2,995 (target)

221 Seneca Boulevard, Barnegat, NJ 08005

3 beds • 3 baths • 1410 sqft

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This property looks like a bad Long-Term investment with a projected -18.67% first-year return on $156k initial cash invested.

-18.67%

Cash On Cash

2.31%

Cap Rate

0.39

DSCR

$2,995

Rent

-$2,420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,995 income − $5,415 expenses = $2,420 out of pocket

Income$2,995Out of Pocket$2,420Mortgage P&I$3,698123%Property Taxes$67423%Insurance$2639%Management$30010%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

|

Purchase Price

$741k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$156k

Downpayment

20%

$148k

Closing costs

1%

$7,405

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,995

Total Expenses

$5,415

Mortgage P&I

123%

$3,698

Property Taxes

23%

$674

Home Insurance

9%

$263

HOA

0%

$0

Property Management

10%

$300

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

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