REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,384 (target)

223 Serpent Ln, Manahawkin, NJ 08050

3 beds • 3 baths • 1548 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.05% first-year return on $144k initial cash invested.

-7.05%

Cash On Cash

4.73%

Cap Rate

0.78

DSCR

$4,384

Rent

-$849

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,384 income − $5,233 expenses = $849 out of pocket

Income$4,384Out of Pocket$849Mortgage P&I$3,04669%Property Taxes$48311%Insurance$2145%Management$52612%CapEx$1754%Vacancy$1323%Maintenance$1754%Other$48211%

Investment Breakdown

|

Purchase Price

$602k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,023

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,384

Total Expenses

$5,233

Mortgage P&I

69%

$3,046

Property Taxes

11%

$483

Home Insurance

5%

$214

HOA

0%

$0

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$132

Maintenance

4%

$175

Other

11%

$482

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis