REI Lense

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$6,284 (target)

538 Jessica Lane, Brick, NJ 08724

3 beds • 3 baths • 2066 sqft

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This property looks like a bad Mid-Term investment with a projected -3.48% first-year return on $167k initial cash invested.

-3.48%

Cash On Cash

5.69%

Cap Rate

0.94

DSCR

$6,284

Rent

-$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,284 income − $6,768 expenses = $484 out of pocket

Income$6,284Out of Pocket$484Mortgage P&I$3,59057%Property Taxes$79413%Insurance$2484%Management$75412%CapEx$2514%Vacancy$1893%Maintenance$2514%Other$69111%

Investment Breakdown

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Purchase Price

$708k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$167k

Downpayment

20%

$142k

Closing costs

1%

$7,083

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,284

Total Expenses

$6,768

Mortgage P&I

57%

$3,590

Property Taxes

13%

$794

Home Insurance

4%

$248

HOA

0%

$0

Property Management

12%

$754

CapEx

4%

$251

Vacancy

3%

$189

Maintenance

4%

$251

Other

11%

$691

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