REI Lense

REI Lense

Unlock all features! Tap here to upgrade

47 Greensprings Drive, Lakewood, NJ 08701

3 beds • 2 baths • 2042 sqft

Email

This property looks like a bad Airbnb investment with a projected -24.6% first-year return on $132k initial cash invested.

-24.6%

Cash On Cash

0.35%

Cap Rate

0.06

DSCR

$2,273

Rent

-$2,715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,273 income − $4,988 expenses = $2,715 out of pocket

Income$2,273Out of Pocket$2,715Mortgage P&I$2,782122%Property Taxes$61527%Insurance$1928%HOA$30814%Management$34115%CapEx$914%Maintenance$914%Other$56825%

Investment Breakdown

|

Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,449

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,273

Total Expenses

$4,988

Mortgage P&I

122%

$2,782

Property Taxes

27%

$615

Home Insurance

8%

$192

HOA

14%

$308

Property Management

15%

$341

CapEx

4%

$91

Vacancy

0%

$0

Maintenance

4%

$91

Other

25%

$568

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis