REI Lense

REI Lense

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$5,712 (target)

49 Morton Ave, Monroe Township, NJ 08831

3 beds • 3 baths • 1970 sqft

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This property looks like a bad Mid-Term investment with a projected -1.99% first-year return on $144k initial cash invested.

-1.99%

Cash On Cash

5.77%

Cap Rate

1

DSCR

$5,712

Rent

-$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,997

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,712

Total Expenses

$5,951

Mortgage P&I

51%

$2,896

Property Taxes

16%

$905

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$685

CapEx

4%

$228

Vacancy

3%

$171

Maintenance

4%

$228

Other

11%

$628

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