REI Lense

REI Lense

207 Lake Winnepesaukee Drive, Tuckerton, NJ 08087

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Airbnb investment with a projected -17.73% first-year return on $101k initial cash invested.

-17.73%

Cash On Cash

2.28%

Cap Rate

0.35

DSCR

$2,497

Rent

-$1,493

Cashflow

Cash Flow

$2,497 income − $3,990 expenses = $1,493 out of pocket

Income$2,497Out ofPocket$1,493P&I$2,14586%Taxes$48820%Insurance$1586%Mgmt$37515%CapEx$1004%Maint.$1004%Other$62425%

Investment Breakdown

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Purchase Price

$396k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,120

Closing costs

1%

$3,956

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,497

Total Expenses

$3,990

Mortgage P&I

86%

$2,145

Property Taxes

20%

$488

Home Insurance

6%

$158

HOA

0%

$0

Property Management

15%

$375

CapEx

4%

$100

Vacancy

0%

$0

Maintenance

4%

$100

Other

25%

$624

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