REI Lense

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$5,811 (target)

507 Howard Rd, Cherry Hill, NJ 08034

3 beds • 3 baths • 2397 sqft

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This property looks like a bad Mid-Term investment with a projected -2.14% first-year return on $134k initial cash invested.

-2.14%

Cash On Cash

5.97%

Cap Rate

1

DSCR

$5,811

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,811 income − $6,049 expenses = $238 out of pocket

Income$5,811Out of Pocket$238Mortgage P&I$2,74247%Property Taxes$1,14120%Insurance$1923%Management$69712%CapEx$2324%Vacancy$1743%Maintenance$2324%Other$63911%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,811

Total Expenses

$6,049

Mortgage P&I

47%

$2,742

Property Taxes

20%

$1,141

Home Insurance

3%

$192

HOA

0%

$0

Property Management

12%

$697

CapEx

4%

$232

Vacancy

3%

$174

Maintenance

4%

$232

Other

11%

$639

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