REI Lense

REI Lense

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$3,696 (target)

223 Dickens Ct, Cherry Hill, NJ 08034

3 beds • 2 baths • 1567 sqft

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This property looks like a bad Long-Term investment with a projected -6.53% first-year return on $95,151 initial cash invested.

-6.53%

Cash On Cash

5.08%

Cap Rate

0.85

DSCR

$3,696

Rent

-$518

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,696 income − $4,214 expenses = $518 out of pocket

Income$3,696Out of Pocket$518Mortgage P&I$2,25061%Property Taxes$79922%Insurance$2035%Management$37010%CapEx$1855%Vacancy$2226%Maintenance$1855%

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,151

Downpayment

20%

$90,620

Closing costs

1%

$4,531

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,696

Total Expenses

$4,214

Mortgage P&I

61%

$2,250

Property Taxes

22%

$799

Home Insurance

5%

$203

HOA

0%

$0

Property Management

10%

$370

CapEx

5%

$185

Vacancy

6%

$222

Maintenance

5%

$185

Other

0%

$0

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