REI Lense

REI Lense

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$2,047 (target)

227 Spruce Ave, Villas, NJ 08251

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -21.4% first-year return on $173k initial cash invested.

-21.4%

Cash On Cash

1.53%

Cap Rate

0.26

DSCR

$2,047

Rent

-$3,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$824k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$165k

Closing costs

1%

$8,241

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,047

Total Expenses

$5,133

Mortgage P&I

197%

$4,037

Property Taxes

13%

$266

Home Insurance

15%

$298

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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