REI Lense

REI Lense

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$3,318 (target)

9 Oakmont Road, Lakewood, NJ 08701

3 beds • 3 baths • 2196 sqft

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This property looks like a bad Long-Term investment with a projected -19.38% first-year return on $189k initial cash invested.

-19.38%

Cash On Cash

1.93%

Cap Rate

0.33

DSCR

$3,318

Rent

-$3,049

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$189k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,318

Total Expenses

$6,367

Mortgage P&I

131%

$4,332

Property Taxes

18%

$612

Home Insurance

9%

$315

HOA

7%

$245

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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