REI Lense

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$3,327 (target)

496 Outlook Ave, Colonia, NJ 07067

3 beds • 2 baths • 1440 sqft

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This property looks like a bad Long-Term investment with a projected -17.42% first-year return on $131k initial cash invested.

-17.42%

Cash On Cash

2.65%

Cap Rate

0.44

DSCR

$3,327

Rent

-$1,899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,327 income − $5,226 expenses = $1,899 out of pocket

Income$3,327Out of Pocket$1,899Mortgage P&I$3,10793%Property Taxes$1,03731%Insurance$2177%Management$33310%CapEx$1665%Vacancy$2006%Maintenance$1665%

Investment Breakdown

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Purchase Price

$623k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$125k

Closing costs

1%

$6,230

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,327

Total Expenses

$5,226

Mortgage P&I

93%

$3,107

Property Taxes

31%

$1,037

Home Insurance

7%

$217

HOA

0%

$0

Property Management

10%

$333

CapEx

5%

$166

Vacancy

6%

$200

Maintenance

5%

$166

Other

0%

$0

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