REI Lense

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$7,965 (target)

5 Princeton Street, Red Bank, NJ 07701

3 beds • 3 baths • 2269 sqft

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This property looks like a bad Mid-Term investment with a projected -4.21% first-year return on $227k initial cash invested.

-4.21%

Cash On Cash

5.68%

Cap Rate

0.91

DSCR

$7,965

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,965 income − $8,762 expenses = $797 out of pocket

Income$7,965Out of Pocket$797Mortgage P&I$5,19665%Property Taxes$5076%Insurance$3504%Management$95612%CapEx$3194%Vacancy$2393%Maintenance$3194%Other$87611%

Investment Breakdown

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Purchase Price

$997k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$199k

Closing costs

1%

$9,966

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,965

Total Expenses

$8,762

Mortgage P&I

65%

$5,196

Property Taxes

6%

$507

Home Insurance

4%

$350

HOA

0%

$0

Property Management

12%

$956

CapEx

4%

$319

Vacancy

3%

$239

Maintenance

4%

$319

Other

11%

$876

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