REI Lense

REI Lense

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$2,891 (target)

529 E Revere Way, Galloway, NJ 08205

3 beds • 3 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -6.28% first-year return on $75,474 initial cash invested.

-6.28%

Cash On Cash

5.25%

Cap Rate

0.86

DSCR

$2,891

Rent

-$395

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,891 income − $3,286 expenses = $395 out of pocket

Income$2,891Out of Pocket$395Mortgage P&I$1,82363%Property Taxes$51118%Insurance$1264%HOA$743%Management$28910%CapEx$1455%Vacancy$1736%Maintenance$1455%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,474

Downpayment

20%

$71,880

Closing costs

1%

$3,594

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,891

Total Expenses

$3,286

Mortgage P&I

63%

$1,823

Property Taxes

18%

$511

Home Insurance

4%

$126

HOA

3%

$74

Property Management

10%

$289

CapEx

5%

$145

Vacancy

6%

$173

Maintenance

5%

$145

Other

0%

$0

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