REI Lense

REI Lense

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$3,107 (target)

715 Tampa Road, Forked River, NJ 08731

3 beds • 2 baths • 1598 sqft

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This property looks like a bad Long-Term investment with a projected -7.11% first-year return on $99,351 initial cash invested.

-7.11%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$3,107

Rent

-$589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$473k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,351

Downpayment

20%

$94,620

Closing costs

1%

$4,731

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,107

Total Expenses

$3,696

Mortgage P&I

75%

$2,333

Property Taxes

13%

$390

Home Insurance

5%

$166

HOA

0%

$0

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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