REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,920 (target)

1691 Mill Creek Rd, Manahawkin, NJ 08050

3 beds • 2 baths • 1662 sqft

$1,124,400

View on Zillow
Email

This property looks like a bad Long-Term investment with a projected -28.11% first-year return on $236k initial cash invested.

-28.11%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$2,920

Rent

-$5,532

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,920 income − $8,452 expenses = $5,532 out of pocket

Income$2,920Out of Pocket$5,532Mortgage P&I$5,966204%Property Taxes$1,29044%Insurance$43715%Management$29210%CapEx$1465%Vacancy$1756%Maintenance$1465%

Investment Breakdown

|

Purchase Price

$1124k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$236k

Downpayment

20%

$225k

Closing costs

1%

$11,244

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,920

Total Expenses

$8,452

Mortgage P&I

204%

$5,966

Property Taxes

44%

$1,290

Home Insurance

15%

$437

HOA

0%

$0

Property Management

10%

$292

CapEx

5%

$146

Vacancy

6%

$175

Maintenance

5%

$146

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis