REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$6,028 (target)

745 Midstreams Road, Brick, NJ 08724

3 beds • 2 baths • 1450 sqft

Email

This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $145k initial cash invested.

0.6%

Cash On Cash

6.6%

Cap Rate

1.1

DSCR

$6,028

Rent

$73

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,028 income − $5,955 expenses = $73 cash flow

Income$6,028Mortgage P&I$3,02050%Property Taxes$67611%Insurance$2103%Management$72312%CapEx$2414%Vacancy$1813%Maintenance$2414%Other$66311%Cash Flow$73

Investment Breakdown

|

Purchase Price

$606k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$145k

Downpayment

20%

$121k

Closing costs

1%

$6,060

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,028

Total Expenses

$5,955

Mortgage P&I

50%

$3,020

Property Taxes

11%

$676

Home Insurance

3%

$210

HOA

0%

$0

Property Management

12%

$723

CapEx

4%

$241

Vacancy

3%

$181

Maintenance

4%

$241

Other

11%

$663

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis