REI Lense

REI Lense

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$2,516 (target)

33 Hopkins St, Woodbury, NJ 08096

3 beds • 3 baths • 1584 sqft

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This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $79,590 initial cash invested.

-11.72%

Cash On Cash

3.92%

Cap Rate

0.66

DSCR

$2,516

Rent

-$777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,516 income − $3,293 expenses = $777 out of pocket

Income$2,516Out of Pocket$777Mortgage P&I$1,88875%Property Taxes$61725%Insurance$1335%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,516

Total Expenses

$3,293

Mortgage P&I

75%

$1,888

Property Taxes

25%

$617

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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