REI Lense

REI Lense

Unlock all features! Tap here to upgrade

255 E Shore Trl, Sparta, NJ 07871

3 beds • 2 baths • 1324 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.59% first-year return on $143k initial cash invested.

-17.59%

Cash On Cash

2.07%

Cap Rate

0.35

DSCR

$3,929

Rent

-$2,104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,929 income − $6,033 expenses = $2,104 out of pocket

Income$3,929Out of Pocket$2,104Mortgage P&I$2,98076%Property Taxes$73819%Insurance$2226%HOA$2085%Management$58915%CapEx$1574%Maintenance$1574%Other$98225%

Investment Breakdown

|

Purchase Price

$598k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$120k

Closing costs

1%

$5,976

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,929

Total Expenses

$6,033

Mortgage P&I

76%

$2,980

Property Taxes

19%

$738

Home Insurance

6%

$222

HOA

5%

$208

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$982

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis