REI Lense

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$4,674 (target)

85 Swartzel Drive, Middletown, NJ 07748

3 beds • 2 baths • 1684 sqft

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This property looks like a bad Long-Term investment with a projected -8% first-year return on $145k initial cash invested.

-8%

Cash On Cash

4.66%

Cap Rate

0.79

DSCR

$4,674

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,674 income − $5,638 expenses = $964 out of pocket

Income$4,674Out of Pocket$964Mortgage P&I$3,40473%Property Taxes$77817%Insurance$2415%Management$46710%CapEx$2345%Vacancy$2806%Maintenance$2345%

Investment Breakdown

|

Purchase Price

$689k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$138k

Closing costs

1%

$6,890

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,674

Total Expenses

$5,638

Mortgage P&I

73%

$3,404

Property Taxes

17%

$778

Home Insurance

5%

$241

HOA

0%

$0

Property Management

10%

$467

CapEx

5%

$234

Vacancy

6%

$280

Maintenance

5%

$234

Other

0%

$0

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