REI Lense

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$5,217 (target)

61 Beverly Beach Road, Brick, NJ 08724

3 beds • 2 baths • 1796 sqft

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This property looks like a bad Mid-Term investment with a projected -4.13% first-year return on $148k initial cash invested.

-4.13%

Cash On Cash

5.35%

Cap Rate

0.9

DSCR

$5,217

Rent

-$509

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,217 income − $5,726 expenses = $509 out of pocket

Income$5,217Out of Pocket$509Mortgage P&I$3,05959%Property Taxes$67213%Insurance$2204%Management$62612%CapEx$2094%Vacancy$1573%Maintenance$2094%Other$57411%

Investment Breakdown

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Purchase Price

$618k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,183

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,217

Total Expenses

$5,726

Mortgage P&I

59%

$3,059

Property Taxes

13%

$672

Home Insurance

4%

$220

HOA

0%

$0

Property Management

12%

$626

CapEx

4%

$209

Vacancy

3%

$157

Maintenance

4%

$209

Other

11%

$574

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