REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,335 (target)

7 Eagle Ridge Circle, Lakewood, NJ 08701

3 beds • 2 baths • 1810 sqft

Email

This property looks like a bad Mid-Term investment with a projected -11.05% first-year return on $148k initial cash invested.

-11.05%

Cash On Cash

3.69%

Cap Rate

0.62

DSCR

$4,335

Rent

-$1,366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,335 income − $5,701 expenses = $1,366 out of pocket

Income$4,335Out of Pocket$1,366Mortgage P&I$3,10172%Property Taxes$65815%Insurance$2195%HOA$2506%Management$52012%CapEx$1734%Vacancy$1303%Maintenance$1734%Other$47711%

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,204

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,335

Total Expenses

$5,701

Mortgage P&I

72%

$3,101

Property Taxes

15%

$658

Home Insurance

5%

$219

HOA

6%

$250

Property Management

12%

$520

CapEx

4%

$173

Vacancy

3%

$130

Maintenance

4%

$173

Other

11%

$477

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis