REI Lense

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$7,032 (target)

24 Fairview Drive, Middletown, NJ 07748

3 beds • 2 baths • 1878 sqft

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This property looks like a bad Mid-Term investment with a projected -1.92% first-year return on $170k initial cash invested.

-1.92%

Cash On Cash

6.15%

Cap Rate

1

DSCR

$7,032

Rent

-$273

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,032 income − $7,305 expenses = $273 out of pocket

Income$7,032Out of Pocket$273Mortgage P&I$3,71453%Property Taxes$95814%Insurance$2423%Management$84412%CapEx$2814%Vacancy$2113%Maintenance$2814%Other$77411%

Investment Breakdown

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Purchase Price

$726k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,261

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,032

Total Expenses

$7,305

Mortgage P&I

53%

$3,714

Property Taxes

14%

$958

Home Insurance

3%

$242

HOA

0%

$0

Property Management

12%

$844

CapEx

4%

$281

Vacancy

3%

$211

Maintenance

4%

$281

Other

11%

$774

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