REI Lense

REI Lense

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$2,807 (target)

822 Merrick Ave, Collingswood, NJ 08108

3 beds • 2 baths • 1177 sqft

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This property might be a fair Long-Term investment with a projected 0.35% first-year return on $54,600 initial cash invested.

0.35%

Cash On Cash

6.81%

Cap Rate

1.12

DSCR

$2,807

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,807 income − $2,791 expenses = $16 cash flow

Income$2,807Mortgage P&I$1,32047%Property Taxes$65123%Insurance$913%Management$28110%CapEx$1405%Vacancy$1686%Maintenance$1405%Cash Flow$16

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,807

Total Expenses

$2,791

Mortgage P&I

47%

$1,320

Property Taxes

23%

$651

Home Insurance

3%

$91

HOA

0%

$0

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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