REI Lense

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$4,611 (target)

489 Grand Ave, Ewing, NJ 08628

3 beds • 4 baths • 4832 sqft

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This property looks like a bad Long-Term investment with a projected -15.37% first-year return on $168k initial cash invested.

-15.37%

Cash On Cash

3.16%

Cap Rate

0.52

DSCR

$4,611

Rent

-$2,152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,611 income − $6,763 expenses = $2,152 out of pocket

Income$4,611Out of Pocket$2,152Mortgage P&I$4,02887%Property Taxes$1,25527%Insurance$2806%Management$46110%CapEx$2315%Vacancy$2776%Maintenance$2315%

Investment Breakdown

|

Purchase Price

$800k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$168k

Downpayment

20%

$160k

Closing costs

1%

$8,000

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,611

Total Expenses

$6,763

Mortgage P&I

87%

$4,028

Property Taxes

27%

$1,255

Home Insurance

6%

$280

HOA

0%

$0

Property Management

10%

$461

CapEx

5%

$231

Vacancy

6%

$277

Maintenance

5%

$231

Other

0%

$0

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