REI Lense

REI Lense

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$4,616 (target)

1013 Buccaneer Ln, Manahawkin, NJ 08050

3 beds • 3 baths • 2026 sqft

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This property looks like a bad Mid-Term investment with a projected -5.44% first-year return on $138k initial cash invested.

-5.44%

Cash On Cash

5.18%

Cap Rate

0.85

DSCR

$4,616

Rent

-$626

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,616 income − $5,242 expenses = $626 out of pocket

Income$4,616Out of Pocket$626Mortgage P&I$2,91263%Property Taxes$55012%Insurance$2105%Management$55412%CapEx$1854%Vacancy$1383%Maintenance$1854%Other$50811%

Investment Breakdown

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Purchase Price

$572k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,721

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,616

Total Expenses

$5,242

Mortgage P&I

63%

$2,912

Property Taxes

12%

$550

Home Insurance

5%

$210

HOA

0%

$0

Property Management

12%

$554

CapEx

4%

$185

Vacancy

3%

$138

Maintenance

4%

$185

Other

11%

$508

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