REI Lense

REI Lense

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$2,728 (target)

38 Belmont Rd, Bellmawr, NJ 08031

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -9.35% first-year return on $79,926 initial cash invested.

-9.35%

Cash On Cash

4.31%

Cap Rate

0.74

DSCR

$2,728

Rent

-$623

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$381k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,926

Downpayment

20%

$76,120

Closing costs

1%

$3,806

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,728

Total Expenses

$3,351

Mortgage P&I

68%

$1,855

Property Taxes

24%

$651

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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