REI Lense

REI Lense

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$3,527 (target)

42 Ocean Avenue, Jackson, NJ 08527

3 beds • 2 baths • 1606 sqft

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This property looks like a bad Long-Term investment with a projected -12.1% first-year return on $126k initial cash invested.

-12.1%

Cash On Cash

3.99%

Cap Rate

0.65

DSCR

$3,527

Rent

-$1,271

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,527 income − $4,798 expenses = $1,271 out of pocket

Income$3,527Out of Pocket$1,271Mortgage P&I$3,08988%Property Taxes$58217%Insurance$2106%Management$35310%CapEx$1765%Vacancy$2126%Maintenance$1765%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,527

Total Expenses

$4,798

Mortgage P&I

88%

$3,089

Property Taxes

17%

$582

Home Insurance

6%

$210

HOA

0%

$0

Property Management

10%

$353

CapEx

5%

$176

Vacancy

6%

$212

Maintenance

5%

$176

Other

0%

$0

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