REI Lense

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$3,109 (target)

80 Silverside Road, Lakewood, NJ 08701

3 beds • 2 baths • 1880 sqft

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This property looks like a bad Long-Term investment with a projected -17.29% first-year return on $126k initial cash invested.

-17.29%

Cash On Cash

2.69%

Cap Rate

0.45

DSCR

$3,109

Rent

-$1,821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,109 income − $4,930 expenses = $1,821 out of pocket

Income$3,109Out of Pocket$1,821Mortgage P&I$3,01497%Property Taxes$57018%Insurance$2137%HOA$32510%Management$31110%CapEx$1555%Vacancy$1876%Maintenance$1555%

Investment Breakdown

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Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$120k

Closing costs

1%

$6,020

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,109

Total Expenses

$4,930

Mortgage P&I

97%

$3,014

Property Taxes

18%

$570

Home Insurance

7%

$213

HOA

10%

$325

Property Management

10%

$311

CapEx

5%

$155

Vacancy

6%

$187

Maintenance

5%

$155

Other

0%

$0

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