REI Lense

REI Lense

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$4,164 (target)

238 Stanhope Sparta Rd, Andover, NJ 07821

5 beds • 3 baths • 3675 sqft

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This property looks like a bad Long-Term investment with a projected -15.96% first-year return on $164k initial cash invested.

-15.96%

Cash On Cash

2.79%

Cap Rate

0.48

DSCR

$4,164

Rent

-$2,182

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

$164k

Downpayment

20%

$156k

Closing costs

1%

$7,812

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,164

Total Expenses

$6,346

Mortgage P&I

91%

$3,793

Property Taxes

29%

$1,198

Home Insurance

7%

$273

HOA

0%

$0

Property Management

10%

$416

CapEx

5%

$208

Vacancy

6%

$250

Maintenance

5%

$208

Other

0%

$0

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