REI Lense

REI Lense

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$3,205 (target)

566 Hartford Rd, Mount Laurel, NJ 08054

3 beds • 2 baths • 1382 sqft

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This property might be a fair Long-Term investment with a projected 0.03% first-year return on $73,374 initial cash invested.

0.03%

Cash On Cash

6.67%

Cap Rate

1.09

DSCR

$3,205

Rent

$2

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,205 income − $3,203 expenses = $2 cash flow

Income$3,205Mortgage P&I$1,77956%Property Taxes$47115%Insurance$1214%Management$32010%CapEx$1605%Vacancy$1926%Maintenance$1605%Cash Flow$2

Investment Breakdown

|

Purchase Price

$349k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,374

Downpayment

20%

$69,880

Closing costs

1%

$3,494

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,205

Total Expenses

$3,203

Mortgage P&I

56%

$1,779

Property Taxes

15%

$471

Home Insurance

4%

$121

HOA

0%

$0

Property Management

10%

$320

CapEx

5%

$160

Vacancy

6%

$192

Maintenance

5%

$160

Other

0%

$0

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