REI Lense

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$4,129 (target)

363 Springbrook Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

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This property looks like a bad Long-Term investment with a projected -17% first-year return on $149k initial cash invested.

-17%

Cash On Cash

2.77%

Cap Rate

0.46

DSCR

$4,129

Rent

-$2,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,129 income − $6,243 expenses = $2,114 out of pocket

Income$4,129Out of Pocket$2,114Mortgage P&I$3,55086%Property Taxes$1,11827%Insurance$2526%HOA$2506%Management$41310%CapEx$2065%Vacancy$2486%Maintenance$2065%

Investment Breakdown

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Purchase Price

$710k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$142k

Closing costs

1%

$7,104

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,129

Total Expenses

$6,243

Mortgage P&I

86%

$3,550

Property Taxes

27%

$1,118

Home Insurance

6%

$252

HOA

6%

$250

Property Management

10%

$413

CapEx

5%

$206

Vacancy

6%

$248

Maintenance

5%

$206

Other

0%

$0

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