REI Lense

REI Lense

Unlock all features! Tap here to upgrade

481 Admiral Road, Forked River, NJ 08731

3 beds • 2 baths • 1618 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.23% first-year return on $131k initial cash invested.

-23.23%

Cash On Cash

0.48%

Cap Rate

0.08

DSCR

$1,751

Rent

-$2,531

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,751 income − $4,282 expenses = $2,531 out of pocket

Income$1,751Out of Pocket$2,531Mortgage P&I$2,677153%Property Taxes$57533%Insurance$18911%Management$26315%CapEx$704%Maintenance$704%Other$43825%

Investment Breakdown

|

Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,369

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,751

Total Expenses

$4,282

Mortgage P&I

153%

$2,677

Property Taxes

33%

$575

Home Insurance

11%

$189

HOA

0%

$0

Property Management

15%

$263

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$438

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis