REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,816 (target)

24 Ravenslake Rd, Monroe Township, NJ 08831

3 beds • 2 baths • 2119 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.01% first-year return on $188k initial cash invested.

-5.01%

Cash On Cash

5.28%

Cap Rate

0.87

DSCR

$6,816

Rent

-$783

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,816 income − $7,599 expenses = $783 out of pocket

Income$6,816Out of Pocket$783Mortgage P&I$4,06160%Property Taxes$93314%Insurance$2874%Management$81812%CapEx$2734%Vacancy$2043%Maintenance$2734%Other$75011%

Investment Breakdown

|

Purchase Price

$807k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$188k

Downpayment

20%

$161k

Closing costs

1%

$8,074

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,816

Total Expenses

$7,599

Mortgage P&I

60%

$4,061

Property Taxes

14%

$933

Home Insurance

4%

$287

HOA

0%

$0

Property Management

12%

$818

CapEx

4%

$273

Vacancy

3%

$204

Maintenance

4%

$273

Other

11%

$750

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis