REI Lense

REI Lense

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$3,963 (target)

343 Cheryl Drive, Toms River, NJ 08753

3 beds • 2 baths • 2138 sqft

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This property looks like a bad Long-Term investment with a projected -17.64% first-year return on $173k initial cash invested.

-17.64%

Cash On Cash

2.58%

Cap Rate

0.43

DSCR

$3,963

Rent

-$2,538

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$822k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$164k

Closing costs

1%

$8,223

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,963

Total Expenses

$6,501

Mortgage P&I

104%

$4,111

Property Taxes

23%

$922

Home Insurance

11%

$438

HOA

0%

$0

Property Management

10%

$396

CapEx

5%

$198

Vacancy

6%

$238

Maintenance

5%

$198

Other

0%

$0

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