REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2 Vincent Dr, Burlington, NJ 08016

3 beds • 2 baths • 1704 sqft

Email

This property looks like a bad Airbnb investment with a projected -21.56% first-year return on $123k initial cash invested.

-21.56%

Cash On Cash

0.75%

Cap Rate

0.13

DSCR

$2,036

Rent

-$2,208

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $4,244 expenses = $2,208 out of pocket

Income$2,036Out of Pocket$2,208Mortgage P&I$2,441120%Property Taxes$65232%Insurance$1759%Management$30515%CapEx$814%Maintenance$814%Other$50925%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,900

Closing costs

1%

$4,995

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,036

Total Expenses

$4,244

Mortgage P&I

120%

$2,441

Property Taxes

32%

$652

Home Insurance

9%

$175

HOA

0%

$0

Property Management

15%

$305

CapEx

4%

$81

Vacancy

0%

$0

Maintenance

4%

$81

Other

25%

$509

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis