REI Lense

REI Lense

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$3,874 (target)

507 Howard Rd, Cherry Hill, NJ 08034

3 beds • 3 baths • 2397 sqft

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This property looks like a bad Long-Term investment with a projected -12.55% first-year return on $116k initial cash invested.

-12.55%

Cash On Cash

3.77%

Cap Rate

0.63

DSCR

$3,874

Rent

-$1,208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,874 income − $5,082 expenses = $1,208 out of pocket

Income$3,874Out of Pocket$1,208Mortgage P&I$2,74271%Property Taxes$1,14129%Insurance$1925%Management$38710%CapEx$1945%Vacancy$2326%Maintenance$1945%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,874

Total Expenses

$5,082

Mortgage P&I

71%

$2,742

Property Taxes

29%

$1,141

Home Insurance

5%

$192

HOA

0%

$0

Property Management

10%

$387

CapEx

5%

$194

Vacancy

6%

$232

Maintenance

5%

$194

Other

0%

$0

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