REI Lense

REI Lense

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$5,334 (target)

7 Candy Court, Edison, NJ 08817

3 beds • 3 baths • 1506 sqft

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This property might be a fair Mid-Term investment with a projected 0.58% first-year return on $131k initial cash invested.

0.58%

Cash On Cash

6.48%

Cap Rate

1.1

DSCR

$5,334

Rent

$63

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

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,392

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,334

Total Expenses

$5,271

Mortgage P&I

49%

$2,635

Property Taxes

12%

$643

Home Insurance

3%

$180

HOA

0%

$0

Property Management

12%

$640

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$587

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