REI Lense

REI Lense

Unlock all features! Tap here to upgrade

88 11th Ave, Mays Landing, NJ 08330

3 beds • 3 baths • 2281 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.87% first-year return on $157k initial cash invested.

-19.87%

Cash On Cash

1.31%

Cap Rate

0.23

DSCR

$3,073

Rent

-$2,602

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,073 income − $5,675 expenses = $2,602 out of pocket

Income$3,073Out of Pocket$2,602Mortgage P&I$3,204104%Property Taxes$76025%Insurance$2368%Management$46115%CapEx$1234%Maintenance$1234%Other$76825%

Investment Breakdown

|

Purchase Price

$663k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$133k

Closing costs

1%

$6,626

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,073

Total Expenses

$5,675

Mortgage P&I

104%

$3,204

Property Taxes

25%

$760

Home Insurance

8%

$236

HOA

0%

$0

Property Management

15%

$461

CapEx

4%

$123

Vacancy

0%

$0

Maintenance

4%

$123

Other

25%

$768

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis