REI Lense

REI Lense

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$3,353 (target)

5 Clark St, Spotswood, NJ 08884

3 beds • 2 baths • 1190 sqft

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This property looks like a bad Long-Term investment with a projected -12.11% first-year return on $112k initial cash invested.

-12.11%

Cash On Cash

3.93%

Cap Rate

0.64

DSCR

$3,353

Rent

-$1,126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,353 income − $4,479 expenses = $1,126 out of pocket

Income$3,353Out of Pocket$1,126Mortgage P&I$2,69780%Property Taxes$76123%Insurance$1494%Management$33510%CapEx$1685%Vacancy$2016%Maintenance$1685%

Investment Breakdown

|

Purchase Price

$532k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$106k

Closing costs

1%

$5,315

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,353

Total Expenses

$4,479

Mortgage P&I

80%

$2,697

Property Taxes

23%

$761

Home Insurance

4%

$149

HOA

0%

$0

Property Management

10%

$335

CapEx

5%

$168

Vacancy

6%

$201

Maintenance

5%

$168

Other

0%

$0

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