REI Lense

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$3,372 (target)

306 Mallard Ct, Pleasantville, NJ 08232

3 beds • 2 baths • 1357 sqft

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This property looks like a bad Mid-Term investment with a projected -4.08% first-year return on $95,910 initial cash invested.

-4.08%

Cash On Cash

5.47%

Cap Rate

0.9

DSCR

$3,372

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,372 income − $3,698 expenses = $326 out of pocket

Income$3,372Out of Pocket$326Mortgage P&I$1,88256%Property Taxes$53616%Insurance$1334%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%

Investment Breakdown

|

Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,910

Downpayment

20%

$74,200

Closing costs

1%

$3,710

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,372

Total Expenses

$3,698

Mortgage P&I

56%

$1,882

Property Taxes

16%

$536

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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