REI Lense

REI Lense

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$6,246 (target)

238 Stanhope Sparta Rd, Andover, NJ 07821

5 beds • 3 baths • 3675 sqft

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This property looks like a bad Mid-Term investment with a projected -7.06% first-year return on $194k initial cash invested.

-7.06%

Cash On Cash

4.46%

Cap Rate

0.76

DSCR

$6,246

Rent

-$1,142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$781k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$194k

Downpayment

20%

$156k

Closing costs

1%

$7,812

Rehab

0%

$0

Furnishing

4%

$30,000

Cashflow

Total Income

$6,246

Total Expenses

$7,388

Mortgage P&I

61%

$3,793

Property Taxes

19%

$1,198

Home Insurance

4%

$273

HOA

0%

$0

Property Management

12%

$750

CapEx

4%

$250

Vacancy

3%

$187

Maintenance

4%

$250

Other

11%

$687

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