REI Lense

REI Lense

Unlock all features! Tap here to upgrade

9 Oakmont Road, Lakewood, NJ 08701

3 beds • 3 baths • 2196 sqft

Email

This property looks like a bad Airbnb investment with a projected -27.72% first-year return on $207k initial cash invested.

-27.72%

Cash On Cash

-0.52%

Cap Rate

-0.09

DSCR

$1,399

Rent

-$4,777

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,399 income − $6,176 expenses = $4,777 out of pocket

Income$1,399Out of Pocket$4,777Mortgage P&I$4,332310%Property Taxes$61244%Insurance$31523%HOA$24518%Management$21015%CapEx$564%Maintenance$564%Other$35025%

Investment Breakdown

|

Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$1,399

Total Expenses

$6,176

Mortgage P&I

310%

$4,332

Property Taxes

44%

$612

Home Insurance

23%

$315

HOA

18%

$245

Property Management

15%

$210

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$350

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis