REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,319 (target)

1409 Edgemere Ave, Forked River, NJ 08731

3 beds • 2 baths • 1446 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.04% first-year return on $106k initial cash invested.

-7.04%

Cash On Cash

4.77%

Cap Rate

0.81

DSCR

$3,319

Rent

-$624

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,319 income − $3,943 expenses = $624 out of pocket

Income$3,319Out of Pocket$624Mortgage P&I$2,47274%Property Taxes$42613%Insurance$1825%Management$33210%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

|

Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$101k

Closing costs

1%

$5,063

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,319

Total Expenses

$3,943

Mortgage P&I

74%

$2,472

Property Taxes

13%

$426

Home Insurance

5%

$182

HOA

0%

$0

Property Management

10%

$332

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis