REI Lense

REI Lense

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$2,950 (target)

915 Plymouth Lake Dr, Newton, NJ 07860

3 beds • 2 baths • sqft

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This property looks like a bad Long-Term investment with a projected -14.55% first-year return on $106k initial cash invested.

-14.55%

Cash On Cash

3.51%

Cap Rate

0.57

DSCR

$2,950

Rent

-$1,282

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,950 income − $4,232 expenses = $1,282 out of pocket

Income$2,950Out of Pocket$1,282Mortgage P&I$2,60788%Property Taxes$64322%Insurance$1896%HOA$251%Management$29510%CapEx$1485%Vacancy$1776%Maintenance$1485%

Investment Breakdown

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Purchase Price

$503k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,034

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,950

Total Expenses

$4,232

Mortgage P&I

88%

$2,607

Property Taxes

22%

$643

Home Insurance

6%

$189

HOA

1%

$25

Property Management

10%

$295

CapEx

5%

$148

Vacancy

6%

$177

Maintenance

5%

$148

Other

0%

$0

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