REI Lense

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$3,786 (target)

33 Race St, Bloomfield, NJ 07003

3 beds • 4 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -12.11% first-year return on $144k initial cash invested.

-12.11%

Cash On Cash

3.5%

Cap Rate

0.57

DSCR

$3,786

Rent

-$1,449

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,786 income − $5,235 expenses = $1,449 out of pocket

Income$3,786Out of Pocket$1,449Mortgage P&I$3,04180%Property Taxes$69818%Insurance$2106%Management$45412%CapEx$1514%Vacancy$1143%Maintenance$1514%Other$41611%

Investment Breakdown

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Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,981

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,786

Total Expenses

$5,235

Mortgage P&I

80%

$3,041

Property Taxes

18%

$698

Home Insurance

6%

$210

HOA

0%

$0

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$114

Maintenance

4%

$151

Other

11%

$416

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