REI Lense

REI Lense

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Target property

21 Lewis Dr, Mays Landing, NJ 08330

3 beds • 3 baths • 2123 sqft

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This property looks like a bad Airbnb investment with a projected -34.04% first-year return on $107k initial cash invested.

-34.04%

Cash On Cash

-2.73%

Cap Rate

-0.47

DSCR

$0

Rent

-$3,046

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $3,046 expenses = $3,046 out of pocket

Income$0Out of Pocket$3,046Mortgage P&I$2,078Property Taxes$583Insurance$145HOA$240

Investment Breakdown

|

Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,120

Closing costs

1%

$4,256

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$0

Total Expenses

$3,046

Mortgage P&I

20780000%

$2,078

Property Taxes

5830000%

$583

Home Insurance

1450000%

$145

HOA

2400000%

$240

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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