REI Lense

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$5,128 (target)

247 20th Avenue, Brick, NJ 08724

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Mid-Term investment with a projected -6.07% first-year return on $153k initial cash invested.

-6.07%

Cash On Cash

5.06%

Cap Rate

0.83

DSCR

$5,128

Rent

-$776

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,128 income − $5,904 expenses = $776 out of pocket

Income$5,128Out of Pocket$776Mortgage P&I$3,28864%Property Taxes$64613%Insurance$2274%Management$61512%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56411%

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

$5,128

Total Expenses

$5,904

Mortgage P&I

64%

$3,288

Property Taxes

13%

$646

Home Insurance

4%

$227

HOA

0%

$0

Property Management

12%

$615

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$564

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