REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,538 (target)

279 N 6Th St, Newark, NJ 07107

3 beds • 3 baths • sqft

Email

This property looks like a bad Long-Term investment with a projected -11.48% first-year return on $97,881 initial cash invested.

-11.48%

Cash On Cash

4.03%

Cap Rate

0.66

DSCR

$2,538

Rent

-$936

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,538 income − $3,474 expenses = $936 out of pocket

Income$2,538Out of Pocket$936Mortgage P&I$2,37393%Property Taxes$28411%Insurance$1576%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$466k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,881

Downpayment

20%

$93,220

Closing costs

1%

$4,661

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,538

Total Expenses

$3,474

Mortgage P&I

94%

$2,373

Property Taxes

11%

$284

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis