REI Lense

REI Lense

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$2,580 (target)

265 Lafayette Ave, Hamilton, NJ 08610

3 beds • 2 baths • 1645 sqft

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This property looks like a bad Long-Term investment with a projected -7.74% first-year return on $75,222 initial cash invested.

-7.74%

Cash On Cash

4.76%

Cap Rate

0.8

DSCR

$2,580

Rent

-$485

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,580 income − $3,065 expenses = $485 out of pocket

Income$2,580Out of Pocket$485Mortgage P&I$1,77769%Property Taxes$50019%Insurance$1175%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

|

Purchase Price

$358k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,222

Downpayment

20%

$71,640

Closing costs

1%

$3,582

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,580

Total Expenses

$3,065

Mortgage P&I

69%

$1,777

Property Taxes

19%

$500

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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