REI Lense

REI Lense

Unlock all features! Tap here to upgrade

62-64 Shephard Ave, Newark, NJ 07112

3 beds • 3 baths • sqft

Email

This property looks like a bad Airbnb investment with a projected -21.39% first-year return on $143k initial cash invested.

-21.39%

Cash On Cash

1%

Cap Rate

0.17

DSCR

$2,444

Rent

-$2,547

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,444 income − $4,991 expenses = $2,547 out of pocket

Income$2,444Out of Pocket$2,547Mortgage P&I$2,946121%Property Taxes$66827%Insurance$2038%Management$36715%CapEx$984%Maintenance$984%Other$61125%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,948

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,444

Total Expenses

$4,991

Mortgage P&I

121%

$2,946

Property Taxes

27%

$668

Home Insurance

8%

$203

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis