REI Lense

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$3,418 (target)

29 Park Dr, Bridgeton, NJ 08302

3 beds • 2 baths • 1142 sqft

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This property might be a fair Mid-Term investment with a projected 7.48% first-year return on $72,684 initial cash invested.

7.48%

Cash On Cash

8.74%

Cap Rate

1.45

DSCR

$3,418

Rent

$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,418 income − $2,965 expenses = $453 cash flow

Income$3,418Mortgage P&I$1,30638%Property Taxes$39412%Insurance$1023%Management$41012%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37611%Cash Flow$453

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,684

Downpayment

20%

$52,080

Closing costs

1%

$2,604

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,418

Total Expenses

$2,965

Mortgage P&I

38%

$1,306

Property Taxes

12%

$394

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$410

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$376

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