REI Lense

REI Lense

Unlock all features! Tap here to upgrade

11 Iroquois Ave, Rockaway, NJ 07866

3 beds • 2 baths • sqft

Email

This property looks like a bad Airbnb investment with a projected -29.45% first-year return on $148k initial cash invested.

-29.45%

Cash On Cash

-0.82%

Cap Rate

-0.13

DSCR

$1,522

Rent

-$3,632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,522 income − $5,154 expenses = $3,632 out of pocket

Income$1,522Out of Pocket$3,632Mortgage P&I$3,149207%Property Taxes$97864%Insurance$21714%HOA$805%Management$22815%CapEx$614%Maintenance$614%Other$38025%

Investment Breakdown

|

Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,190

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,522

Total Expenses

$5,154

Mortgage P&I

207%

$3,149

Property Taxes

64%

$978

Home Insurance

14%

$217

HOA

5%

$80

Property Management

15%

$228

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$380

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis