REI Lense

REI Lense

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$4,633 (target)

4 Indian Spring Rd, Cranford, NJ 07016

3 beds • 4 baths • sqft

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This property looks like a bad Long-Term investment with a projected -16.51% first-year return on $190k initial cash invested.

-16.51%

Cash On Cash

2.66%

Cap Rate

0.46

DSCR

$4,633

Rent

-$2,620

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$907k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$190k

Downpayment

20%

$181k

Closing costs

1%

$9,068

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,633

Total Expenses

$7,253

Mortgage P&I

95%

$4,400

Property Taxes

29%

$1,340

Home Insurance

7%

$308

HOA

0%

$0

Property Management

10%

$463

CapEx

5%

$232

Vacancy

6%

$278

Maintenance

5%

$232

Other

0%

$0

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