REI Lense

REI Lense

Unlock all features! Tap here to upgrade

507 Howard Rd, Cherry Hill, NJ 08034

3 beds • 3 baths • 2397 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.14% first-year return on $134k initial cash invested.

-17.14%

Cash On Cash

2.19%

Cap Rate

0.37

DSCR

$4,171

Rent

-$1,907

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,171 income − $6,078 expenses = $1,907 out of pocket

Income$4,171Out of Pocket$1,907Mortgage P&I$2,74266%Property Taxes$1,14127%Insurance$1925%Management$62615%CapEx$1674%Maintenance$1674%Other$1,04325%

Investment Breakdown

|

Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,171

Total Expenses

$6,078

Mortgage P&I

66%

$2,742

Property Taxes

27%

$1,141

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$626

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,043

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis