REI Lense

REI Lense

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$3,563 (target)

404 Westwood Place, Neptune, NJ 07753

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -13.38% first-year return on $133k initial cash invested.

-13.38%

Cash On Cash

3.42%

Cap Rate

0.58

DSCR

$3,563

Rent

-$1,480

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,563 income − $5,043 expenses = $1,480 out of pocket

Income$3,563Out of Pocket$1,480Mortgage P&I$3,10387%Property Taxes$79722%Insurance$2176%Management$35610%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

|

Purchase Price

$632k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$126k

Closing costs

1%

$6,319

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,563

Total Expenses

$5,043

Mortgage P&I

87%

$3,103

Property Taxes

22%

$797

Home Insurance

6%

$217

HOA

0%

$0

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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