REI Lense

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$4,228 (target)

475 Channing Ave, Westfield, NJ 07090

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -19.43% first-year return on $196k initial cash invested.

-19.43%

Cash On Cash

2.55%

Cap Rate

0.4

DSCR

$4,228

Rent

-$3,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,228 income − $7,403 expenses = $3,175 out of pocket

Income$4,228Out of Pocket$3,175Mortgage P&I$4,948117%Property Taxes$1,05025%Insurance$3067%Management$42310%CapEx$2115%Vacancy$2546%Maintenance$2115%

Investment Breakdown

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Purchase Price

$934k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$196k

Downpayment

20%

$187k

Closing costs

1%

$9,337

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,228

Total Expenses

$7,403

Mortgage P&I

117%

$4,948

Property Taxes

25%

$1,050

Home Insurance

7%

$306

HOA

0%

$0

Property Management

10%

$423

CapEx

5%

$211

Vacancy

6%

$254

Maintenance

5%

$211

Other

0%

$0

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