REI Lense

REI Lense

Unlock all features! Tap here to upgrade

247 20th Avenue, Brick, NJ 08724

3 beds • 2 baths • 1764 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.65% first-year return on $153k initial cash invested.

-23.65%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$2,186

Rent

-$3,023

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,186 income − $5,209 expenses = $3,023 out of pocket

Income$2,186Out of Pocket$3,023Mortgage P&I$3,288150%Property Taxes$64630%Insurance$22710%Management$32815%CapEx$874%Maintenance$874%Other$54625%

Investment Breakdown

|

Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,448

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,186

Total Expenses

$5,209

Mortgage P&I

150%

$3,288

Property Taxes

30%

$646

Home Insurance

10%

$227

HOA

0%

$0

Property Management

15%

$328

CapEx

4%

$87

Vacancy

0%

$0

Maintenance

4%

$87

Other

25%

$546

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis