REI Lense

REI Lense

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$7,024 (target)

230 Hillside Drive, Neptune, NJ 07753

3 beds • 3 baths • 2735 sqft

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This property looks like a bad Mid-Term investment with a projected -10.1% first-year return on $210k initial cash invested.

-10.1%

Cash On Cash

3.85%

Cap Rate

0.66

DSCR

$7,024

Rent

-$1,764

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$912k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$210k

Downpayment

20%

$182k

Closing costs

1%

$9,123

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,024

Total Expenses

$8,788

Mortgage P&I

63%

$4,411

Property Taxes

22%

$1,533

Home Insurance

6%

$455

HOA

0%

$0

Property Management

12%

$843

CapEx

4%

$281

Vacancy

3%

$211

Maintenance

4%

$281

Other

11%

$773

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