REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,251 (target)

829 S 2nd St, Millville, NJ 08332

3 beds • 2 baths • 1460 sqft

Email

This property might be a fair Long-Term investment with a projected 9.6% first-year return on $38,745 initial cash invested.

9.6%

Cash On Cash

9.03%

Cap Rate

1.44

DSCR

$2,251

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,251 income − $1,941 expenses = $310 cash flow

Income$2,251Mortgage P&I$96543%Property Taxes$31614%Insurance$743%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%Cash Flow$310

Investment Breakdown

|

Purchase Price

$185k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,745

Downpayment

20%

$36,900

Closing costs

1%

$1,845

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,251

Total Expenses

$1,941

Mortgage P&I

43%

$965

Property Taxes

14%

$316

Home Insurance

3%

$74

HOA

0%

$0

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis