REI Lense

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$4,070 (target)

320 Ridge Rd, Browns Mills, NJ 08015

3 beds • 2 baths • 1344 sqft

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This property might be a fair Mid-Term investment with a projected 0.99% first-year return on $99,375 initial cash invested.

0.99%

Cash On Cash

6.83%

Cap Rate

1.13

DSCR

$4,070

Rent

$82

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,070 income − $3,988 expenses = $82 cash flow

Income$4,070Mortgage P&I$1,95948%Property Taxes$50913%Insurance$1363%Management$48812%CapEx$1634%Vacancy$1223%Maintenance$1634%Other$44811%Cash Flow$82

Investment Breakdown

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Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,070

Total Expenses

$3,988

Mortgage P&I

48%

$1,959

Property Taxes

13%

$509

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$488

CapEx

4%

$163

Vacancy

3%

$122

Maintenance

4%

$163

Other

11%

$448

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