REI Lense

REI Lense

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$4,843 (target)

77 Forest Hill Rd, West Orange, NJ 07052

3 beds • 4 baths • sqft

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This property looks like a bad Long-Term investment with a projected -16.38% first-year return on $175k initial cash invested.

-16.38%

Cash On Cash

3.02%

Cap Rate

0.49

DSCR

$4,843

Rent

-$2,390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,843 income − $7,233 expenses = $2,390 out of pocket

Income$4,843Out of Pocket$2,390Mortgage P&I$4,24488%Property Taxes$1,47130%Insurance$2595%Management$48410%CapEx$2425%Vacancy$2916%Maintenance$2425%

Investment Breakdown

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Purchase Price

$834k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$167k

Closing costs

1%

$8,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,843

Total Expenses

$7,233

Mortgage P&I

88%

$4,244

Property Taxes

30%

$1,471

Home Insurance

5%

$259

HOA

0%

$0

Property Management

10%

$484

CapEx

5%

$242

Vacancy

6%

$291

Maintenance

5%

$242

Other

0%

$0

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