REI Lense

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$5,290 (target)

42 Ocean Avenue, Jackson, NJ 08527

3 beds • 2 baths • 1606 sqft

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This property looks like a bad Mid-Term investment with a projected -3.26% first-year return on $144k initial cash invested.

-3.26%

Cash On Cash

5.82%

Cap Rate

0.94

DSCR

$5,290

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,290 income − $5,681 expenses = $391 out of pocket

Income$5,290Out of Pocket$391Mortgage P&I$3,08958%Property Taxes$58211%Insurance$2104%Management$63512%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58211%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,000

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,290

Total Expenses

$5,681

Mortgage P&I

58%

$3,089

Property Taxes

11%

$582

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$635

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$582

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