REI Lense

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$4,977 (target)

3 Drury Court, Brick, NJ 08724

3 beds • 2 baths • 1402 sqft

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This property looks like a bad Mid-Term investment with a projected -11.05% first-year return on $170k initial cash invested.

-11.05%

Cash On Cash

4.24%

Cap Rate

0.65

DSCR

$4,977

Rent

-$1,562

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,977 income − $6,539 expenses = $1,562 out of pocket

Income$4,977Out of Pocket$1,562Mortgage P&I$3,91279%Property Taxes$68214%Insurance$2545%Management$59712%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54711%

Investment Breakdown

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Purchase Price

$722k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$144k

Closing costs

1%

$7,217

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,977

Total Expenses

$6,539

Mortgage P&I

79%

$3,912

Property Taxes

14%

$682

Home Insurance

5%

$254

HOA

0%

$0

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

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