REI Lense

REI Lense

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$5,594 (target)

37 Evans Rd, Bloomfield, NJ 07003

3 beds • 3 baths • sqft

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This property looks like a bad Mid-Term investment with a projected -8.98% first-year return on $166k initial cash invested.

-8.98%

Cash On Cash

4.32%

Cap Rate

0.71

DSCR

$5,594

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,594 income − $6,840 expenses = $1,246 out of pocket

Income$5,594Out of Pocket$1,246Mortgage P&I$3,56664%Property Taxes$1,12720%Insurance$2454%Management$67112%CapEx$2244%Vacancy$1683%Maintenance$2244%Other$61511%

Investment Breakdown

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Purchase Price

$707k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,070

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,594

Total Expenses

$6,840

Mortgage P&I

64%

$3,566

Property Taxes

20%

$1,127

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$671

CapEx

4%

$224

Vacancy

3%

$168

Maintenance

4%

$224

Other

11%

$615

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