REI Lense

REI Lense

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$4,431 (target)

30 Harding Ave, Cherry Hill, NJ 08002

3 beds • 2 baths • 2108 sqft

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This property looks like a bad Mid-Term investment with a projected -1.89% first-year return on $110k initial cash invested.

-1.89%

Cash On Cash

5.96%

Cap Rate

1

DSCR

$4,431

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,020

Closing costs

1%

$4,401

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,431

Total Expenses

$4,605

Mortgage P&I

49%

$2,181

Property Taxes

17%

$766

Home Insurance

3%

$152

HOA

0%

$0

Property Management

12%

$532

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$487

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