REI Lense

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$6,471 (target)

30 Cloverleaf Lane, Manalapan, NJ 07726

3 beds • 3 baths • 2294 sqft

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This property looks like a bad Mid-Term investment with a projected -1.8% first-year return on $174k initial cash invested.

-1.8%

Cash On Cash

6.02%

Cap Rate

1

DSCR

$6,471

Rent

-$262

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,471 income − $6,733 expenses = $262 out of pocket

Income$6,471Out of Pocket$262Mortgage P&I$3,73558%Property Taxes$1602%Insurance$2624%HOA$3756%Management$77712%CapEx$2594%Vacancy$1943%Maintenance$2594%Other$71211%

Investment Breakdown

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Purchase Price

$744k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$174k

Downpayment

20%

$149k

Closing costs

1%

$7,440

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,471

Total Expenses

$6,733

Mortgage P&I

58%

$3,735

Property Taxes

2%

$160

Home Insurance

4%

$262

HOA

6%

$375

Property Management

12%

$777

CapEx

4%

$259

Vacancy

3%

$194

Maintenance

4%

$259

Other

11%

$712

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