REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,981 (target)

28 Elm Ct, Glassboro, NJ 08028

3 beds • 3 baths • 1542 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.46% first-year return on $94,857 initial cash invested.

-12.46%

Cash On Cash

4.33%

Cap Rate

0.66

DSCR

$2,981

Rent

-$985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,981 income − $3,966 expenses = $985 out of pocket

Income$2,981Out of Pocket$985Mortgage P&I$2,46583%Property Taxes$56819%Insurance$1585%Management$29810%CapEx$1495%Vacancy$1796%Maintenance$1495%

Investment Breakdown

|

Purchase Price

$452k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,857

Downpayment

20%

$90,340

Closing costs

1%

$4,517

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,981

Total Expenses

$3,966

Mortgage P&I

83%

$2,465

Property Taxes

19%

$568

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$298

CapEx

5%

$149

Vacancy

6%

$179

Maintenance

5%

$149

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis