REI Lense

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$7,114 (target)

754 Holly Berry Lane, Brick, NJ 08724

3 beds • 3 baths • 2240 sqft

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This property looks like a bad Mid-Term investment with a projected -1.88% first-year return on $179k initial cash invested.

-1.88%

Cash On Cash

6%

Cap Rate

1

DSCR

$7,114

Rent

-$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,114 income − $7,395 expenses = $281 out of pocket

Income$7,114Out of Pocket$281Mortgage P&I$3,84054%Property Taxes$86612%Insurance$2694%Management$85412%CapEx$2854%Vacancy$2133%Maintenance$2854%Other$78311%

Investment Breakdown

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Purchase Price

$769k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$154k

Closing costs

1%

$7,690

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,114

Total Expenses

$7,395

Mortgage P&I

54%

$3,840

Property Taxes

12%

$866

Home Insurance

4%

$269

HOA

0%

$0

Property Management

12%

$854

CapEx

4%

$285

Vacancy

3%

$213

Maintenance

4%

$285

Other

11%

$783

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