REI Lense

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$3,927 (target)

462 Main Rd, Vineland, NJ 08360

3 beds • 2 baths • 1096 sqft

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This property could be a profitable Mid-Term investment with a projected 14.03% first-year return on $70,500 initial cash invested.

14.03%

Cash On Cash

10.93%

Cap Rate

1.76

DSCR

$3,927

Rent

$824

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,927 income − $3,103 expenses = $824 cash flow

Income$3,927Mortgage P&I$1,29733%Property Taxes$38310%Insurance$882%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$824

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,927

Total Expenses

$3,103

Mortgage P&I

33%

$1,297

Property Taxes

10%

$383

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

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