REI Lense

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$5,439 (target)

32 Conestoga Trl, Sparta, NJ 07871

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 9.2% first-year return on $101k initial cash invested.

9.2%

Cash On Cash

9.17%

Cap Rate

1.49

DSCR

$5,439

Rent

$774

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,439 income − $4,665 expenses = $774 cash flow

Income$5,439Mortgage P&I$2,02837%Property Taxes$61611%Insurance$1383%HOA$331%Management$65312%CapEx$2184%Vacancy$1633%Maintenance$2184%Other$59811%Cash Flow$774

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,439

Total Expenses

$4,665

Mortgage P&I

37%

$2,028

Property Taxes

11%

$616

Home Insurance

3%

$138

HOA

1%

$33

Property Management

12%

$653

CapEx

4%

$218

Vacancy

3%

$163

Maintenance

4%

$218

Other

11%

$598

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