REI Lense

REI Lense

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$3,263 (target)

410 Elderberry Ct, Mount Laurel, NJ 08054

3 beds • 2 baths • 1819 sqft

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This property looks like a bad Long-Term investment with a projected -8.22% first-year return on $86,100 initial cash invested.

-8.22%

Cash On Cash

4.73%

Cap Rate

0.79

DSCR

$3,263

Rent

-$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,263 income − $3,853 expenses = $590 out of pocket

Income$3,263Out of Pocket$590Mortgage P&I$2,04463%Property Taxes$65620%Insurance$1444%HOA$1615%Management$32610%CapEx$1635%Vacancy$1966%Maintenance$1635%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,100

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,263

Total Expenses

$3,853

Mortgage P&I

63%

$2,044

Property Taxes

20%

$656

Home Insurance

4%

$144

HOA

5%

$161

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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