REI Lense

REI Lense

Unlock all features! Tap here to upgrade

377 N Main Street, Barnegat, NJ 08005

3 beds • 2 baths • 2108 sqft

Email

This property looks like a bad Airbnb investment with a projected -15.53% first-year return on $118k initial cash invested.

-15.53%

Cash On Cash

2.28%

Cap Rate

0.39

DSCR

$2,795

Rent

-$1,523

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,795 income − $4,318 expenses = $1,523 out of pocket

Income$2,795Out of Pocket$1,523Mortgage P&I$2,31383%Property Taxes$49518%Insurance$1686%Management$41915%CapEx$1124%Maintenance$1124%Other$69925%

Investment Breakdown

|

Purchase Price

$475k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$118k

Downpayment

20%

$94,940

Closing costs

1%

$4,747

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,795

Total Expenses

$4,318

Mortgage P&I

83%

$2,313

Property Taxes

18%

$495

Home Insurance

6%

$168

HOA

0%

$0

Property Management

15%

$419

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$699

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis