REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,561 (target)

23 Schindler Ct, Somerset, NJ 08873

3 beds • 4 baths • 3169 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.97% first-year return on $194k initial cash invested.

-9.97%

Cash On Cash

4.02%

Cap Rate

0.68

DSCR

$6,561

Rent

-$1,612

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,561 income − $8,173 expenses = $1,612 out of pocket

Income$6,561Out of Pocket$1,612Mortgage P&I$4,15963%Property Taxes$1,04716%Insurance$2975%HOA$4407%Management$78712%CapEx$2624%Vacancy$1973%Maintenance$2624%Other$72211%

Investment Breakdown

|

Purchase Price

$838k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$194k

Downpayment

20%

$168k

Closing costs

1%

$8,380

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,561

Total Expenses

$8,173

Mortgage P&I

63%

$4,159

Property Taxes

16%

$1,047

Home Insurance

5%

$297

HOA

7%

$440

Property Management

12%

$787

CapEx

4%

$262

Vacancy

3%

$197

Maintenance

4%

$262

Other

11%

$722

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis