REI Lense

REI Lense

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$3,556 (target)

7 Candy Court, Edison, NJ 08817

3 beds • 3 baths • 1506 sqft

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This property looks like a bad Long-Term investment with a projected -8.76% first-year return on $113k initial cash invested.

-8.76%

Cash On Cash

4.42%

Cap Rate

0.75

DSCR

$3,556

Rent

-$827

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$539k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$108k

Closing costs

1%

$5,392

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,556

Total Expenses

$4,383

Mortgage P&I

74%

$2,635

Property Taxes

18%

$643

Home Insurance

5%

$180

HOA

0%

$0

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$213

Maintenance

5%

$178

Other

0%

$0

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