REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,455 (target)

315 Howard St, Millville, NJ 08332

3 beds • 3 baths • 1420 sqft

Email

This property looks like a bad Long-Term investment with a projected -3.6% first-year return on $56,637 initial cash invested.

-3.6%

Cash On Cash

6.34%

Cap Rate

0.97

DSCR

$2,455

Rent

-$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,455 income − $2,625 expenses = $170 out of pocket

Income$2,455Out of Pocket$170Mortgage P&I$1,47260%Property Taxes$41617%Insurance$984%Management$24610%CapEx$1235%Vacancy$1476%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,637

Downpayment

20%

$53,940

Closing costs

1%

$2,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,455

Total Expenses

$2,625

Mortgage P&I

60%

$1,472

Property Taxes

17%

$416

Home Insurance

4%

$98

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis