REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,011 (target)

7327 Driftwood Ln, Mays Landing, NJ 08330

3 beds • 3 baths • sqft

Email

This property looks like a bad Long-Term investment with a projected -5.24% first-year return on $79,695 initial cash invested.

-5.24%

Cash On Cash

5.44%

Cap Rate

0.9

DSCR

$3,011

Rent

-$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,011 income − $3,359 expenses = $348 out of pocket

Income$3,011Out of Pocket$348Mortgage P&I$1,91764%Property Taxes$55318%Insurance$1053%Management$30110%CapEx$1515%Vacancy$1816%Maintenance$1515%

Investment Breakdown

|

Purchase Price

$380k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,695

Downpayment

20%

$75,900

Closing costs

1%

$3,795

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,011

Total Expenses

$3,359

Mortgage P&I

64%

$1,917

Property Taxes

18%

$553

Home Insurance

3%

$105

HOA

0%

$0

Property Management

10%

$301

CapEx

5%

$151

Vacancy

6%

$181

Maintenance

5%

$151

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis