REI Lense

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$5,708 (target)

823 Bishop St, Union, NJ 07083

3 beds • 2 baths • sqft

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This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $126k initial cash invested.

1.57%

Cash On Cash

7.13%

Cap Rate

1.15

DSCR

$5,708

Rent

$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,708 income − $5,543 expenses = $165 cash flow

Income$5,708Mortgage P&I$2,66647%Property Taxes$76213%Insurance$1753%Management$68512%CapEx$2284%Vacancy$1713%Maintenance$2284%Other$62811%Cash Flow$165

Investment Breakdown

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Purchase Price

$515k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$126k

Downpayment

20%

$103k

Closing costs

1%

$5,148

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,708

Total Expenses

$5,543

Mortgage P&I

47%

$2,666

Property Taxes

13%

$762

Home Insurance

3%

$175

HOA

0%

$0

Property Management

12%

$685

CapEx

4%

$228

Vacancy

3%

$171

Maintenance

4%

$228

Other

11%

$628

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