REI Lense

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$5,928 (target)

4 Flower Hill Ln, Pennington, NJ 08534

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 2.61% first-year return on $121k initial cash invested.

2.61%

Cash On Cash

7.35%

Cap Rate

1.2

DSCR

$5,928

Rent

$263

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,928 income − $5,665 expenses = $263 cash flow

Income$5,928Mortgage P&I$2,49742%Property Taxes$1,00417%Insurance$1493%Management$71112%CapEx$2374%Vacancy$1783%Maintenance$2374%Other$65211%Cash Flow$263

Investment Breakdown

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Purchase Price

$489k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$97,820

Closing costs

1%

$4,891

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,928

Total Expenses

$5,665

Mortgage P&I

42%

$2,497

Property Taxes

17%

$1,004

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$711

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$652

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