REI Lense

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$6,464 (target)

984 New Dover Rd, Edison, NJ 08820

3 beds • 3 baths • 1246 sqft

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This property looks like a bad Mid-Term investment with a projected -4.91% first-year return on $181k initial cash invested.

-4.91%

Cash On Cash

5.37%

Cap Rate

0.88

DSCR

$6,464

Rent

-$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,464 income − $7,202 expenses = $738 out of pocket

Income$6,464Out of Pocket$738Mortgage P&I$3,94061%Property Taxes$79212%Insurance$2714%Management$77612%CapEx$2594%Vacancy$1943%Maintenance$2594%Other$71111%

Investment Breakdown

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Purchase Price

$774k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$181k

Downpayment

20%

$155k

Closing costs

1%

$7,740

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,464

Total Expenses

$7,202

Mortgage P&I

61%

$3,940

Property Taxes

12%

$792

Home Insurance

4%

$271

HOA

0%

$0

Property Management

12%

$776

CapEx

4%

$259

Vacancy

3%

$194

Maintenance

4%

$259

Other

11%

$711

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