REI Lense

REI Lense

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Target property

2709 Bay Dr, Villas, NJ 08251

3 beds • 2 baths • sqft

$1,656,100

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This property looks like a bad Airbnb investment with a projected -31.41% first-year return on $366k initial cash invested.

-31.41%

Cash On Cash

-0.85%

Cap Rate

-0.14

DSCR

$0

Rent

-$9,575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $9,575 expenses = $9,575 out of pocket

Income$0Out of Pocket$9,575Mortgage P&I$8,407Property Taxes$556Insurance$612

Investment Breakdown

|

Purchase Price

$1656k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$366k

Downpayment

20%

$331k

Closing costs

1%

$16,561

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$0

Total Expenses

$9,575

Mortgage P&I

84070000%

$8,407

Property Taxes

5560000%

$556

Home Insurance

6120000%

$612

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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