REI Lense

REI Lense

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$3,730 (target)

1074 Prospect Avenue, Manahawkin, NJ 08050

3 beds • 4 baths • 2655 sqft

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This property looks like a bad Long-Term investment with a projected -18.93% first-year return on $203k initial cash invested.

-18.93%

Cash On Cash

2.05%

Cap Rate

0.35

DSCR

$3,730

Rent

-$3,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$965k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$203k

Downpayment

20%

$193k

Closing costs

1%

$9,647

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,730

Total Expenses

$6,925

Mortgage P&I

125%

$4,657

Property Taxes

26%

$958

Home Insurance

9%

$341

HOA

0%

$0

Property Management

10%

$373

CapEx

5%

$186

Vacancy

6%

$224

Maintenance

5%

$186

Other

0%

$0

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