REI Lense

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$6,324 (target)

8 Concord Circle, Howell, NJ 07731

3 beds • 4 baths • 2040 sqft

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This property looks like a bad Mid-Term investment with a projected -3.88% first-year return on $158k initial cash invested.

-3.88%

Cash On Cash

5.89%

Cap Rate

0.93

DSCR

$6,324

Rent

-$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,324 income − $6,834 expenses = $510 out of pocket

Income$6,324Out of Pocket$510Mortgage P&I$3,51956%Property Taxes$90114%Insurance$2344%HOA$29Management$75912%CapEx$2534%Vacancy$1903%Maintenance$2534%Other$69611%

Investment Breakdown

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Purchase Price

$665k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,645

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,324

Total Expenses

$6,834

Mortgage P&I

56%

$3,519

Property Taxes

14%

$901

Home Insurance

4%

$234

HOA

0%

$29

Property Management

12%

$759

CapEx

4%

$253

Vacancy

3%

$190

Maintenance

4%

$253

Other

11%

$696

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