REI Lense

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$4,006 (target)

405 Magnolia Rd, Mount Laurel, NJ 08054

3 beds • 2 baths • 1278 sqft

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This property might be a fair Mid-Term investment with a projected 2.26% first-year return on $94,356 initial cash invested.

2.26%

Cash On Cash

7.18%

Cap Rate

1.18

DSCR

$4,006

Rent

$178

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,006 income − $3,828 expenses = $178 cash flow

Income$4,006Mortgage P&I$1,83846%Property Taxes$50613%Insurance$1223%Management$48112%CapEx$1604%Vacancy$1203%Maintenance$1604%Other$44111%Cash Flow$178

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,006

Total Expenses

$3,828

Mortgage P&I

46%

$1,838

Property Taxes

13%

$506

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$481

CapEx

4%

$160

Vacancy

3%

$120

Maintenance

4%

$160

Other

11%

$441

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