REI Lense

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$2,599 (target)

6 Ptolemy Ct, Sewell, NJ 08080

3 beds • 2 baths • 1508 sqft

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This property looks like a bad Long-Term investment with a projected -1.2% first-year return on $60,879 initial cash invested.

-1.2%

Cash On Cash

6.27%

Cap Rate

1.05

DSCR

$2,599

Rent

-$61

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,599 income − $2,660 expenses = $61 out of pocket

Income$2,599Out of Pocket$61Mortgage P&I$1,44556%Property Taxes$42917%Insurance$1104%Management$26010%CapEx$1305%Vacancy$1566%Maintenance$1305%

Investment Breakdown

|

Purchase Price

$290k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,879

Downpayment

20%

$57,980

Closing costs

1%

$2,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,599

Total Expenses

$2,660

Mortgage P&I

56%

$1,445

Property Taxes

17%

$429

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$260

CapEx

5%

$130

Vacancy

6%

$156

Maintenance

5%

$130

Other

0%

$0

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