REI Lense

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$5,151 (target)

55 Kierst St, Parlin, NJ 08859

3 beds • 2 baths • 1964 sqft

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This property looks like a bad Mid-Term investment with a projected -10.2% first-year return on $166k initial cash invested.

-10.2%

Cash On Cash

3.95%

Cap Rate

0.66

DSCR

$5,151

Rent

-$1,408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,151 income − $6,559 expenses = $1,408 out of pocket

Income$5,151Out of Pocket$1,408Mortgage P&I$3,51668%Property Taxes$1,04420%Insurance$2475%Management$61812%CapEx$2064%Vacancy$1553%Maintenance$2064%Other$56711%

Investment Breakdown

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Purchase Price

$703k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$166k

Downpayment

20%

$141k

Closing costs

1%

$7,033

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,151

Total Expenses

$6,559

Mortgage P&I

68%

$3,516

Property Taxes

20%

$1,044

Home Insurance

5%

$247

HOA

0%

$0

Property Management

12%

$618

CapEx

4%

$206

Vacancy

3%

$155

Maintenance

4%

$206

Other

11%

$567

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