REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,993 (target)

35 Essex Ave, Bloomfield, NJ 07003

3 beds • 3 baths • sqft

Email

This property looks like a bad Long-Term investment with a projected -21.77% first-year return on $137k initial cash invested.

-21.77%

Cash On Cash

2.04%

Cap Rate

0.32

DSCR

$2,993

Rent

-$2,483

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,993 income − $5,476 expenses = $2,483 out of pocket

Income$2,993Out of Pocket$2,483Mortgage P&I$3,441115%Property Taxes$1,01534%Insurance$2418%Management$29910%CapEx$1505%Vacancy$1806%Maintenance$1505%

Investment Breakdown

|

Purchase Price

$652k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$130k

Closing costs

1%

$6,517

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,993

Total Expenses

$5,476

Mortgage P&I

115%

$3,441

Property Taxes

34%

$1,015

Home Insurance

8%

$241

HOA

0%

$0

Property Management

10%

$299

CapEx

5%

$150

Vacancy

6%

$180

Maintenance

5%

$150

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis