REI Lense

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$5,542 (target)

34 Millbrook Drive, Middletown, NJ 07748

3 beds • 2 baths • 1517 sqft

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This property looks like a bad Mid-Term investment with a projected -7.72% first-year return on $171k initial cash invested.

-7.72%

Cash On Cash

4.55%

Cap Rate

0.76

DSCR

$5,542

Rent

-$1,099

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,542 income − $6,641 expenses = $1,099 out of pocket

Income$5,542Out of Pocket$1,099Mortgage P&I$3,64066%Property Taxes$84115%Insurance$2755%Management$66512%CapEx$2224%Vacancy$1663%Maintenance$2224%Other$61011%

Investment Breakdown

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Purchase Price

$728k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,281

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,542

Total Expenses

$6,641

Mortgage P&I

66%

$3,640

Property Taxes

15%

$841

Home Insurance

5%

$275

HOA

0%

$0

Property Management

12%

$665

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$610

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