REI Lense

REI Lense

Unlock all features! Tap here to upgrade

615 Beach Blvd, Forked River, NJ 08731

3 beds • 2 baths • 1180 sqft

Email

This property looks like a bad Airbnb investment with a projected -17.65% first-year return on $112k initial cash invested.

-17.65%

Cash On Cash

1.81%

Cap Rate

0.3

DSCR

$2,252

Rent

-$1,654

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,252 income − $3,906 expenses = $1,654 out of pocket

Income$2,252Out of Pocket$1,654Mortgage P&I$2,242100%Property Taxes$42519%Insurance$1587%Management$33815%CapEx$904%Maintenance$904%Other$56325%

Investment Breakdown

|

Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,252

Total Expenses

$3,906

Mortgage P&I

100%

$2,242

Property Taxes

19%

$425

Home Insurance

7%

$158

HOA

0%

$0

Property Management

15%

$338

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$563

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis