REI Lense

REI Lense

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$3,158 (target)

328 Mizzen Avenue, Beachwood, NJ 08722

3 beds • 2 baths • 1216 sqft

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This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $91,056 initial cash invested.

-7.53%

Cash On Cash

4.93%

Cap Rate

0.81

DSCR

$3,158

Rent

-$571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,158 income − $3,729 expenses = $571 out of pocket

Income$3,158Out of Pocket$571Mortgage P&I$2,19369%Property Taxes$56518%Insurance$1505%Management$31610%CapEx$1585%Vacancy$1896%Maintenance$1585%

Investment Breakdown

|

Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,056

Downpayment

20%

$86,720

Closing costs

1%

$4,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,158

Total Expenses

$3,729

Mortgage P&I

69%

$2,193

Property Taxes

18%

$565

Home Insurance

5%

$150

HOA

0%

$0

Property Management

10%

$316

CapEx

5%

$158

Vacancy

6%

$189

Maintenance

5%

$158

Other

0%

$0

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