REI Lense

REI Lense

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$4,227 (target)

438 Lock Ave, Gibbstown, NJ 08027

3 beds • 2 baths • 1332 sqft

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This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $88,497 initial cash invested.

7.74%

Cash On Cash

8.51%

Cap Rate

1.45

DSCR

$4,227

Rent

$571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,227

Total Expenses

$3,656

Mortgage P&I

39%

$1,640

Property Taxes

11%

$463

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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