REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1226 Starling Dr, Millville, NJ 08332

3 beds • 3 baths • 2876 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.99% first-year return on $106k initial cash invested.

-21.99%

Cash On Cash

0.7%

Cap Rate

0.12

DSCR

$2,204

Rent

-$1,950

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,204 income − $4,154 expenses = $1,950 out of pocket

Income$2,204Out of Pocket$1,950Mortgage P&I$2,10996%Property Taxes$81937%Insurance$1688%Management$33115%CapEx$884%Maintenance$884%Other$55125%

Investment Breakdown

|

Purchase Price

$421k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$84,200

Closing costs

1%

$4,210

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,204

Total Expenses

$4,154

Mortgage P&I

96%

$2,109

Property Taxes

37%

$819

Home Insurance

8%

$168

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$551

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis