REI Lense

REI Lense

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$4,304 (target)

334 New Brooklyn Rd, Berlin, NJ 08009

3 beds • 2 baths • 1716 sqft

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This property might be a fair Mid-Term investment with a projected 3.52% first-year return on $96,540 initial cash invested.

3.52%

Cash On Cash

7.26%

Cap Rate

1.25

DSCR

$4,304

Rent

$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,540

Downpayment

20%

$74,800

Closing costs

1%

$3,740

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,304

Total Expenses

$4,021

Mortgage P&I

42%

$1,809

Property Taxes

14%

$622

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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