REI Lense

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$4,536 (target)

31 Penny Lane, Neptune, NJ 07753

3 beds • 3 baths • 2115 sqft

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This property looks like a bad Long-Term investment with a projected -15.66% first-year return on $157k initial cash invested.

-15.66%

Cash On Cash

3.18%

Cap Rate

0.52

DSCR

$4,536

Rent

-$2,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,536 income − $6,581 expenses = $2,045 out of pocket

Income$4,536Out of Pocket$2,045Mortgage P&I$3,79784%Property Taxes$1,04723%Insurance$2626%HOA$2957%Management$45410%CapEx$2275%Vacancy$2726%Maintenance$2275%

Investment Breakdown

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Purchase Price

$746k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$149k

Closing costs

1%

$7,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,536

Total Expenses

$6,581

Mortgage P&I

84%

$3,797

Property Taxes

23%

$1,047

Home Insurance

6%

$262

HOA

7%

$295

Property Management

10%

$454

CapEx

5%

$227

Vacancy

6%

$272

Maintenance

5%

$227

Other

0%

$0

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