REI Lense

REI Lense

Unlock all features! Tap here to upgrade

32 Cove Road W, Bayville, NJ 08721

3 beds • 3 baths • 2050 sqft

$1,019,600

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -26.75% first-year return on $232k initial cash invested.

-26.75%

Cash On Cash

-0.08%

Cap Rate

-0.01

DSCR

$2,451

Rent

-$5,175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1020k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$232k

Downpayment

20%

$204k

Closing costs

1%

$10,196

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,451

Total Expenses

$7,626

Mortgage P&I

204%

$5,007

Property Taxes

43%

$1,057

Home Insurance

16%

$385

HOA

0%

$0

Property Management

15%

$368

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$613

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis