REI Lense

REI Lense

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$4,977 (target)

9 Oakmont Road, Lakewood, NJ 08701

3 beds • 3 baths • 2196 sqft

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This property looks like a bad Mid-Term investment with a projected -12.87% first-year return on $207k initial cash invested.

-12.87%

Cash On Cash

3.09%

Cap Rate

0.53

DSCR

$4,977

Rent

-$2,218

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

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,977

Total Expenses

$7,195

Mortgage P&I

87%

$4,332

Property Taxes

12%

$612

Home Insurance

6%

$315

HOA

5%

$245

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

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