REI Lense

REI Lense

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$3,573 (target)

41 Alberta Avenue, Middletown, NJ 07748

3 beds • 2 baths • 1236 sqft

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This property looks like a bad Long-Term investment with a projected -5.56% first-year return on $97,734 initial cash invested.

-5.56%

Cash On Cash

5.24%

Cap Rate

0.88

DSCR

$3,573

Rent

-$453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,573 income − $4,026 expenses = $453 out of pocket

Income$3,573Out of Pocket$453Mortgage P&I$2,30765%Property Taxes$62718%Insurance$1635%Management$35710%CapEx$1795%Vacancy$2146%Maintenance$1795%

Investment Breakdown

|

Purchase Price

$465k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,734

Downpayment

20%

$93,080

Closing costs

1%

$4,654

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,573

Total Expenses

$4,026

Mortgage P&I

65%

$2,307

Property Taxes

18%

$627

Home Insurance

5%

$163

HOA

0%

$0

Property Management

10%

$357

CapEx

5%

$179

Vacancy

6%

$214

Maintenance

5%

$179

Other

0%

$0

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