REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$5,230 (target)

12 Solomans Drive, Barnegat, NJ 08005

3 beds • 3 baths • 2552 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.7% first-year return on $146k initial cash invested.

-7.7%

Cash On Cash

4.68%

Cap Rate

0.77

DSCR

$5,230

Rent

-$940

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,230 income − $6,170 expenses = $940 out of pocket

Income$5,230Out of Pocket$940Mortgage P&I$3,11860%Property Taxes$90017%Insurance$2194%HOA$1553%Management$62812%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57511%

Investment Breakdown

|

Purchase Price

$612k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$122k

Closing costs

1%

$6,119

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,230

Total Expenses

$6,170

Mortgage P&I

60%

$3,118

Property Taxes

17%

$900

Home Insurance

4%

$219

HOA

3%

$155

Property Management

12%

$628

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$575

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis