REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,885 (target)

6314 Lance Ave, Mays Landing, NJ 08330

3 beds • 2 baths • sqft

Email

This property might be a fair Mid-Term investment with a projected 2.38% first-year return on $94,629 initial cash invested.

2.38%

Cash On Cash

7.25%

Cap Rate

1.18

DSCR

$3,885

Rent

$188

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,885 income − $3,697 expenses = $188 cash flow

Income$3,885Mortgage P&I$1,86148%Property Taxes$38810%Insurance$1283%Management$46612%CapEx$1554%Vacancy$1173%Maintenance$1554%Other$42711%Cash Flow$188

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,885

Total Expenses

$3,697

Mortgage P&I

48%

$1,861

Property Taxes

10%

$388

Home Insurance

3%

$128

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$117

Maintenance

4%

$155

Other

11%

$427

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis