REI Lense

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$4,964 (target)

337 Morgan Ave, Old Bridge, NJ 08857

3 beds • 2 baths • 1104 sqft

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This property looks like a bad Mid-Term investment with a projected -0.07% first-year return on $121k initial cash invested.

-0.07%

Cash On Cash

6.56%

Cap Rate

1.08

DSCR

$4,964

Rent

-$7

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,964 income − $4,971 expenses = $7 out of pocket

Income$4,964Out of Pocket$7Mortgage P&I$2,48850%Property Taxes$62413%Insurance$1703%Management$59612%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54611%

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,080

Closing costs

1%

$4,904

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,964

Total Expenses

$4,971

Mortgage P&I

50%

$2,488

Property Taxes

13%

$624

Home Insurance

3%

$170

HOA

0%

$0

Property Management

12%

$596

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$546

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