REI Lense

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$4,950 (target)

31 Cherry Lane, Howell, NJ 07731

3 beds • 2 baths • 1246 sqft

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This property looks like a bad Mid-Term investment with a projected -4.95% first-year return on $140k initial cash invested.

-4.95%

Cash On Cash

5.29%

Cap Rate

0.87

DSCR

$4,950

Rent

-$578

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,950 income − $5,528 expenses = $578 out of pocket

Income$4,950Out of Pocket$578Mortgage P&I$2,94259%Property Taxes$70314%Insurance$2014%Management$59412%CapEx$1984%Vacancy$1483%Maintenance$1984%Other$54411%

Investment Breakdown

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Purchase Price

$581k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,809

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,950

Total Expenses

$5,528

Mortgage P&I

59%

$2,942

Property Taxes

14%

$703

Home Insurance

4%

$201

HOA

0%

$0

Property Management

12%

$594

CapEx

4%

$198

Vacancy

3%

$148

Maintenance

4%

$198

Other

11%

$544

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