REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,137 (target)

2018 High Bank Rd, Mays Landing, NJ 08330

3 beds • 2 baths • 2200 sqft

Email

This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $96,768 initial cash invested.

-10.31%

Cash On Cash

4.23%

Cap Rate

0.71

DSCR

$3,137

Rent

-$831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,137 income − $3,968 expenses = $831 out of pocket

Income$3,137Out of Pocket$831Mortgage P&I$2,29773%Property Taxes$69122%Insurance$1645%Management$31410%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

|

Purchase Price

$461k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,768

Downpayment

20%

$92,160

Closing costs

1%

$4,608

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,137

Total Expenses

$3,968

Mortgage P&I

73%

$2,297

Property Taxes

22%

$691

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis