REI Lense

REI Lense

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$3,259 (target)

738 Allen Ave, Gibbstown, NJ 08027

3 beds • 2 baths • 1558 sqft

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This property looks like a bad Long-Term investment with a projected -4.13% first-year return on $80,136 initial cash invested.

-4.13%

Cash On Cash

5.81%

Cap Rate

0.94

DSCR

$3,259

Rent

-$276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,259 income − $3,535 expenses = $276 out of pocket

Income$3,259Out of Pocket$276Mortgage P&I$1,96060%Property Taxes$59618%Insurance$1314%Management$32610%CapEx$1635%Vacancy$1966%Maintenance$1635%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,136

Downpayment

20%

$76,320

Closing costs

1%

$3,816

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,259

Total Expenses

$3,535

Mortgage P&I

60%

$1,960

Property Taxes

18%

$596

Home Insurance

4%

$131

HOA

0%

$0

Property Management

10%

$326

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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