REI Lense

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$2,957 (target)

6515 Rundle Ave, Mays Landing, NJ 08330

3 beds • 2 baths • 1719 sqft

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This property looks like a bad Long-Term investment with a projected -6.27% first-year return on $82,866 initial cash invested.

-6.27%

Cash On Cash

5.12%

Cap Rate

0.86

DSCR

$2,957

Rent

-$433

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,957 income − $3,390 expenses = $433 out of pocket

Income$2,957Out of Pocket$433Mortgage P&I$1,96767%Property Taxes$51417%Insurance$1405%Management$29610%CapEx$1485%Vacancy$1776%Maintenance$1485%

Investment Breakdown

|

Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,866

Downpayment

20%

$78,920

Closing costs

1%

$3,946

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,957

Total Expenses

$3,390

Mortgage P&I

67%

$1,967

Property Taxes

17%

$514

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

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