REI Lense

REI Lense

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$3,247 (target)

469 Flock Rd, Hamilton, NJ 08619

3 beds • 2 baths • 1598 sqft

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This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $98,574 initial cash invested.

-9.58%

Cash On Cash

4.26%

Cap Rate

0.73

DSCR

$3,247

Rent

-$787

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $4,034 expenses = $787 out of pocket

Income$3,247Out of Pocket$787Mortgage P&I$2,29271%Property Taxes$73423%Insurance$1645%Management$32510%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

|

Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,574

Downpayment

20%

$93,880

Closing costs

1%

$4,694

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,247

Total Expenses

$4,034

Mortgage P&I

71%

$2,292

Property Taxes

23%

$734

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$325

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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