REI Lense

REI Lense

Unlock all features! Tap here to upgrade

745 Midstreams Road, Brick, NJ 08724

3 beds • 2 baths • 1450 sqft

Email

This property looks like a bad Airbnb investment with a projected -23.4% first-year return on $145k initial cash invested.

-23.4%

Cash On Cash

0.53%

Cap Rate

0.09

DSCR

$2,061

Rent

-$2,833

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,061 income − $4,894 expenses = $2,833 out of pocket

Income$2,061Out of Pocket$2,833Mortgage P&I$3,020147%Property Taxes$67633%Insurance$21010%Management$30915%CapEx$824%Maintenance$824%Other$51525%

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

$2,061

Total Expenses

$4,894

Mortgage P&I

147%

$3,020

Property Taxes

33%

$676

Home Insurance

10%

$210

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$515

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis