REI Lense

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$3,872 (target)

251 Longwood Ln, Somerset, NJ 08873

3 beds • 3 baths • 3068 sqft

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This property looks like a bad Long-Term investment with a projected -20.46% first-year return on $165k initial cash invested.

-20.46%

Cash On Cash

2.01%

Cap Rate

0.33

DSCR

$3,872

Rent

-$2,818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,872 income − $6,690 expenses = $2,818 out of pocket

Income$3,872Out of Pocket$2,818Mortgage P&I$3,941102%Property Taxes$1,03427%Insurance$2988%HOA$41011%Management$38710%CapEx$1945%Vacancy$2326%Maintenance$1945%

Investment Breakdown

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Purchase Price

$787k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,872

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,872

Total Expenses

$6,690

Mortgage P&I

102%

$3,941

Property Taxes

27%

$1,034

Home Insurance

8%

$298

HOA

11%

$410

Property Management

10%

$387

CapEx

5%

$194

Vacancy

6%

$232

Maintenance

5%

$194

Other

0%

$0

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