REI Lense

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$4,434 (target)

261 Garfield Ave, Jersey City, NJ 07305

3 beds • 2 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -0.35% first-year return on $119k initial cash invested.

-0.35%

Cash On Cash

6.22%

Cap Rate

1.06

DSCR

$4,434

Rent

-$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,434 income − $4,469 expenses = $35 out of pocket

Income$4,434Out of Pocket$35Mortgage P&I$2,33953%Property Taxes$45510%Insurance$1684%Management$53212%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48811%

Investment Breakdown

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Purchase Price

$479k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$95,800

Closing costs

1%

$4,790

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,434

Total Expenses

$4,469

Mortgage P&I

53%

$2,339

Property Taxes

10%

$455

Home Insurance

4%

$168

HOA

0%

$0

Property Management

12%

$532

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$488

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