REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,114 (target)

275 Madie Ave, Spotswood, NJ 08884

3 beds • 2 baths • 1254 sqft

Email

This property might be a fair Mid-Term investment with a projected 4.1% first-year return on $123k initial cash invested.

4.1%

Cash On Cash

8.02%

Cap Rate

1.25

DSCR

$6,114

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,114 income − $5,694 expenses = $420 cash flow

Income$6,114Mortgage P&I$2,67644%Property Taxes$76312%Insurance$1753%Management$73412%CapEx$2454%Vacancy$1833%Maintenance$2454%Other$67311%Cash Flow$420

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,114

Total Expenses

$5,694

Mortgage P&I

44%

$2,676

Property Taxes

12%

$763

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$734

CapEx

4%

$245

Vacancy

3%

$183

Maintenance

4%

$245

Other

11%

$673

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis