REI Lense

REI Lense

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$2,568 (target)

27 N 2nd St, Pleasantville, NJ 08232

3 beds • 2 baths • 1272 sqft

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This property could be a profitable Long-Term investment with a projected 10.18% first-year return on $41,370 initial cash invested.

10.18%

Cash On Cash

9.01%

Cap Rate

1.48

DSCR

$2,568

Rent

$351

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,568 income − $2,217 expenses = $351 cash flow

Income$2,568Mortgage P&I$1,00039%Property Taxes$48119%Insurance$693%Management$25710%CapEx$1285%Vacancy$1546%Maintenance$1285%Cash Flow$351

Investment Breakdown

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Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,370

Downpayment

20%

$39,400

Closing costs

1%

$1,970

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,568

Total Expenses

$2,217

Mortgage P&I

39%

$1,000

Property Taxes

19%

$481

Home Insurance

3%

$69

HOA

0%

$0

Property Management

10%

$257

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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