REI Lense

REI Lense

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$4,578 (target)

415-417 Portsmouth Rd, Cape May, NJ 08204

beds • baths • 2324 sqft

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This property looks like a bad Mid-Term investment with a projected -11.1% first-year return on $161k initial cash invested.

-11.1%

Cash On Cash

3.75%

Cap Rate

0.65

DSCR

$4,578

Rent

-$1,490

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$767k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$153k

Closing costs

1%

$7,670

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$4,578

Total Expenses

$6,068

Mortgage P&I

81%

$3,703

Property Taxes

12%

$541

Home Insurance

6%

$268

HOA

0%

$0

Property Management

12%

$549

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$504

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