REI Lense

REI Lense

Unlock all features! Tap here to upgrade

64 High St, Metuchen, NJ 08840

3 beds • 2 baths • 2328 sqft

Email

This property looks like a bad Airbnb investment with a projected -28.67% first-year return on $217k initial cash invested.

-28.67%

Cash On Cash

-0.31%

Cap Rate

-0.05

DSCR

$2,564

Rent

-$5,191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,564 income − $7,755 expenses = $5,191 out of pocket

Income$2,564Out of Pocket$5,191Mortgage P&I$4,839189%Property Taxes$1,35253%Insurance$33213%Management$38515%CapEx$1034%Maintenance$1034%Other$64125%

Investment Breakdown

|

Purchase Price

$949k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,564

Total Expenses

$7,755

Mortgage P&I

189%

$4,839

Property Taxes

53%

$1,352

Home Insurance

13%

$332

HOA

0%

$0

Property Management

15%

$385

CapEx

4%

$103

Vacancy

0%

$0

Maintenance

4%

$103

Other

25%

$641

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis