REI Lense

REI Lense

Unlock all features! Tap here to upgrade

42 Hanover Pl, Wayne, NJ 07470

3 beds • 3 baths • 1614 sqft

Email

This property looks like a bad Airbnb investment with a projected -28.12% first-year return on $165k initial cash invested.

-28.12%

Cash On Cash

-0.39%

Cap Rate

-0.06

DSCR

$1,974

Rent

-$3,862

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,974 income − $5,836 expenses = $3,862 out of pocket

Income$1,974Out of Pocket$3,862Mortgage P&I$3,556180%Property Taxes$1,08755%Insurance$24512%Management$29615%CapEx$794%Maintenance$794%Other$49425%

Investment Breakdown

|

Purchase Price

$699k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$140k

Closing costs

1%

$6,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,974

Total Expenses

$5,836

Mortgage P&I

180%

$3,556

Property Taxes

55%

$1,087

Home Insurance

12%

$245

HOA

0%

$0

Property Management

15%

$296

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$494

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis