REI Lense

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$3,611 (target)

49 Maxim Road, Howell, NJ 07731

3 beds • 2 baths • 1950 sqft

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This property looks like a bad Long-Term investment with a projected -19.76% first-year return on $165k initial cash invested.

-19.76%

Cash On Cash

2.15%

Cap Rate

0.36

DSCR

$3,611

Rent

-$2,717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,611 income − $6,328 expenses = $2,717 out of pocket

Income$3,611Out of Pocket$2,717Mortgage P&I$3,941109%Property Taxes$1,16732%Insurance$2808%Management$36110%CapEx$1815%Vacancy$2176%Maintenance$1815%

Investment Breakdown

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Purchase Price

$786k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,611

Total Expenses

$6,328

Mortgage P&I

109%

$3,941

Property Taxes

32%

$1,167

Home Insurance

8%

$280

HOA

0%

$0

Property Management

10%

$361

CapEx

5%

$181

Vacancy

6%

$217

Maintenance

5%

$181

Other

0%

$0

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