REI Lense

REI Lense

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$3,713 (target)

312 13th St, Hammonton, NJ 08037

3 beds • 3 baths • 2654 sqft

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This property might be a fair Long-Term investment with a projected 0.51% first-year return on $88,788 initial cash invested.

0.51%

Cash On Cash

6.61%

Cap Rate

1.11

DSCR

$3,713

Rent

$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,713 income − $3,675 expenses = $38 cash flow

Income$3,713Mortgage P&I$2,10557%Property Taxes$44512%Insurance$1594%Management$37110%CapEx$1865%Vacancy$2236%Maintenance$1865%Cash Flow$38

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,788

Downpayment

20%

$84,560

Closing costs

1%

$4,228

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,713

Total Expenses

$3,675

Mortgage P&I

57%

$2,105

Property Taxes

12%

$445

Home Insurance

4%

$159

HOA

0%

$0

Property Management

10%

$371

CapEx

5%

$186

Vacancy

6%

$223

Maintenance

5%

$186

Other

0%

$0

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