REI Lense

REI Lense

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$3,168 (target)

42 Scenic Dr, Andover, NJ 07821

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Long-Term investment with a projected -13.49% first-year return on $110k initial cash invested.

-13.49%

Cash On Cash

3.48%

Cap Rate

0.59

DSCR

$3,168

Rent

-$1,233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$104k

Closing costs

1%

$5,224

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,168

Total Expenses

$4,401

Mortgage P&I

82%

$2,592

Property Taxes

25%

$804

Home Insurance

6%

$182

HOA

0%

$0

Property Management

10%

$317

CapEx

5%

$158

Vacancy

6%

$190

Maintenance

5%

$158

Other

0%

$0

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