REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,690 (target)

304 Mainsail Court, Forked River, NJ 08731

3 beds • 2 baths • 1880 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.67% first-year return on $109k initial cash invested.

-6.67%

Cash On Cash

5%

Cap Rate

0.84

DSCR

$3,690

Rent

-$608

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,690 income − $4,298 expenses = $608 out of pocket

Income$3,690Out of Pocket$608Mortgage P&I$2,59570%Property Taxes$56315%Insurance$1825%Management$36910%CapEx$1845%Vacancy$2216%Maintenance$1845%

Investment Breakdown

|

Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$109k

Downpayment

20%

$104k

Closing costs

1%

$5,211

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,690

Total Expenses

$4,298

Mortgage P&I

70%

$2,595

Property Taxes

15%

$563

Home Insurance

5%

$182

HOA

0%

$0

Property Management

10%

$369

CapEx

5%

$184

Vacancy

6%

$221

Maintenance

5%

$184

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis