REI Lense

REI Lense

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$3,065 (target)

27 S Market St, Gibbstown, NJ 08027

3 beds • 2 baths • 1407 sqft

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This property looks like a bad Long-Term investment with a projected -1.74% first-year return on $76,629 initial cash invested.

-1.74%

Cash On Cash

6.11%

Cap Rate

1.02

DSCR

$3,065

Rent

-$111

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,065 income − $3,176 expenses = $111 out of pocket

Income$3,065Out of Pocket$111Mortgage P&I$1,81759%Property Taxes$43514%Insurance$1284%Management$30610%CapEx$1535%Vacancy$1846%Maintenance$1535%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,065

Total Expenses

$3,176

Mortgage P&I

59%

$1,817

Property Taxes

14%

$435

Home Insurance

4%

$128

HOA

0%

$0

Property Management

10%

$306

CapEx

5%

$153

Vacancy

6%

$184

Maintenance

5%

$153

Other

0%

$0

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