REI Lense

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$3,591 (target)

342 Washington St, Mount Holly, NJ 08060

3 beds • 2 baths • 1041 sqft

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This property looks like a bad Mid-Term investment with a projected -1.75% first-year return on $97,800 initial cash invested.

-1.75%

Cash On Cash

5.87%

Cap Rate

1

DSCR

$3,591

Rent

-$143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,591 income − $3,734 expenses = $143 out of pocket

Income$3,591Out of Pocket$143Mortgage P&I$1,85752%Property Taxes$52215%Insurance$1334%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,800

Downpayment

20%

$76,000

Closing costs

1%

$3,800

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,591

Total Expenses

$3,734

Mortgage P&I

52%

$1,857

Property Taxes

15%

$522

Home Insurance

4%

$133

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

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