REI Lense

REI Lense

Unlock all features! Tap here to upgrade

24 Taylor Avenue, Middletown, NJ 07748

3 beds • 2 baths • 1372 sqft

Email

This property looks like a bad Airbnb investment with a projected -8.82% first-year return on $125k initial cash invested.

-8.82%

Cash On Cash

4.42%

Cap Rate

0.72

DSCR

$4,848

Rent

-$919

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,848 income − $5,767 expenses = $919 out of pocket

Income$4,848Out of Pocket$919Mortgage P&I$2,60054%Property Taxes$64213%Insurance$1984%Management$72715%CapEx$1944%Maintenance$1944%Other$1,21225%

Investment Breakdown

|

Purchase Price

$510k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$125k

Downpayment

20%

$102k

Closing costs

1%

$5,096

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,848

Total Expenses

$5,767

Mortgage P&I

54%

$2,600

Property Taxes

13%

$642

Home Insurance

4%

$198

HOA

0%

$0

Property Management

15%

$727

CapEx

4%

$194

Vacancy

0%

$0

Maintenance

4%

$194

Other

25%

$1,212

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis