REI Lense

REI Lense

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$2,671 (target)

405 Magnolia Rd, Mount Laurel, NJ 08054

3 beds • 2 baths • 1278 sqft

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This property looks like a bad Long-Term investment with a projected -7.7% first-year return on $76,356 initial cash invested.

-7.7%

Cash On Cash

4.89%

Cap Rate

0.81

DSCR

$2,671

Rent

-$490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,671 income − $3,161 expenses = $490 out of pocket

Income$2,671Out of Pocket$490Mortgage P&I$1,83869%Property Taxes$50619%Insurance$1225%Management$26710%CapEx$1345%Vacancy$1606%Maintenance$1345%

Investment Breakdown

|

Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,356

Downpayment

20%

$72,720

Closing costs

1%

$3,636

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,671

Total Expenses

$3,161

Mortgage P&I

69%

$1,838

Property Taxes

19%

$506

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$267

CapEx

5%

$134

Vacancy

6%

$160

Maintenance

5%

$134

Other

0%

$0

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