REI Lense

REI Lense

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$2,759 (target)

383 Montgomery Dr, Mantua, NJ 08051

3 beds • 2 baths • 1204 sqft

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This property looks like a bad Long-Term investment with a projected -8.14% first-year return on $86,100 initial cash invested.

-8.14%

Cash On Cash

4.54%

Cap Rate

0.78

DSCR

$2,759

Rent

-$584

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,100

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,759

Total Expenses

$3,343

Mortgage P&I

72%

$1,997

Property Taxes

18%

$484

Home Insurance

5%

$144

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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