REI Lense

REI Lense

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Target property

308 Forsgate Dr, Monroe Township, NJ 08831

3 beds • 2 baths • 2389 sqft

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This property looks like a bad Airbnb investment with a projected -34.42% first-year return on $137k initial cash invested.

-34.42%

Cash On Cash

-2.49%

Cap Rate

-0.43

DSCR

$0

Rent

-$3,935

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,676

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,935

Mortgage P&I

27560000%

$2,756

Property Taxes

9290000%

$929

Home Insurance

2500000%

$250

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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