REI Lense

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$3,016 (target)

13 Shoveler Ln, Manahawkin, NJ 08050

3 beds • 3 baths • 1929 sqft

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This property looks like a bad Long-Term investment with a projected -15.53% first-year return on $133k initial cash invested.

-15.53%

Cash On Cash

3.05%

Cap Rate

0.51

DSCR

$3,016

Rent

-$1,727

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,016 income − $4,743 expenses = $1,727 out of pocket

Income$3,016Out of Pocket$1,727Mortgage P&I$3,190106%Property Taxes$54918%Insurance$2197%Management$30210%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

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Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,354

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,016

Total Expenses

$4,743

Mortgage P&I

106%

$3,190

Property Taxes

18%

$549

Home Insurance

7%

$219

HOA

0%

$0

Property Management

10%

$302

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

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