REI Lense

REI Lense

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$3,626 (target)

32 Conestoga Trl, Sparta, NJ 07871

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -1.91% first-year return on $82,950 initial cash invested.

-1.91%

Cash On Cash

6.31%

Cap Rate

1.02

DSCR

$3,626

Rent

-$132

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,626 income − $3,758 expenses = $132 out of pocket

Income$3,626Out of Pocket$132Mortgage P&I$2,02856%Property Taxes$61617%Insurance$1384%HOA$331%Management$36310%CapEx$1815%Vacancy$2186%Maintenance$1815%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,950

Downpayment

20%

$79,000

Closing costs

1%

$3,950

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,626

Total Expenses

$3,758

Mortgage P&I

56%

$2,028

Property Taxes

17%

$616

Home Insurance

4%

$138

HOA

1%

$33

Property Management

10%

$363

CapEx

5%

$181

Vacancy

6%

$218

Maintenance

5%

$181

Other

0%

$0

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