REI Lense

REI Lense

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$4,138 (target)

383 Montgomery Dr, Mantua, NJ 08051

3 beds • 2 baths • 1204 sqft

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This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $104k initial cash invested.

1.21%

Cash On Cash

6.64%

Cap Rate

1.14

DSCR

$4,138

Rent

$105

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

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,138

Total Expenses

$4,033

Mortgage P&I

48%

$1,997

Property Taxes

12%

$484

Home Insurance

3%

$144

HOA

0%

$0

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$455

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