REI Lense

REI Lense

Unlock all features! Tap here to upgrade

309 Lenox Street, Brick, NJ 08724

3 beds • 4 baths • 1801 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.77% first-year return on $185k initial cash invested.

-18.77%

Cash On Cash

1.71%

Cap Rate

0.29

DSCR

$3,994

Rent

-$2,894

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$795k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$185k

Downpayment

20%

$159k

Closing costs

1%

$7,953

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,994

Total Expenses

$6,888

Mortgage P&I

97%

$3,865

Property Taxes

21%

$826

Home Insurance

7%

$280

HOA

0%

$0

Property Management

15%

$599

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$998

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis