REI Lense

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$2,517 (target)

261 N River Dr, Pennsville, NJ 08070

3 beds • 2 baths • 1446 sqft

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This property looks like a bad Long-Term investment with a projected -20.44% first-year return on $78,729 initial cash invested.

-20.44%

Cash On Cash

2.31%

Cap Rate

0.37

DSCR

$2,517

Rent

-$1,341

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,517 income − $3,858 expenses = $1,341 out of pocket

Income$2,517Out of Pocket$1,341Mortgage P&I$1,93677%Property Taxes$1,09544%Insurance$1727%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,729

Downpayment

20%

$74,980

Closing costs

1%

$3,749

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,517

Total Expenses

$3,858

Mortgage P&I

77%

$1,936

Property Taxes

44%

$1,095

Home Insurance

7%

$172

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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