REI Lense

REI Lense

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$5,316 (target)

488 Amherst Drive, Brick, NJ 08723

3 beds • 2 baths • 1655 sqft

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This property looks like a bad Mid-Term investment with a projected -0.08% first-year return on $132k initial cash invested.

-0.08%

Cash On Cash

6.51%

Cap Rate

1.07

DSCR

$5,316

Rent

-$9

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,316 income − $5,325 expenses = $9 out of pocket

Income$5,316Out of Pocket$9Mortgage P&I$2,75352%Property Taxes$57211%Insurance$1924%Management$63812%CapEx$2134%Vacancy$1593%Maintenance$2134%Other$58511%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,451

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,316

Total Expenses

$5,325

Mortgage P&I

52%

$2,753

Property Taxes

11%

$572

Home Insurance

4%

$192

HOA

0%

$0

Property Management

12%

$638

CapEx

4%

$213

Vacancy

3%

$159

Maintenance

4%

$213

Other

11%

$585

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