REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,704 (target)

91 Coral Drive, Brick, NJ 08724

3 beds • 2 baths • 1388 sqft

Email

This property looks like a bad Mid-Term investment with a projected -8.06% first-year return on $153k initial cash invested.

-8.06%

Cash On Cash

4.55%

Cap Rate

0.74

DSCR

$4,704

Rent

-$1,029

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,704 income − $5,733 expenses = $1,029 out of pocket

Income$4,704Out of Pocket$1,029Mortgage P&I$3,28170%Property Taxes$62613%Insurance$2285%Management$56412%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51711%

Investment Breakdown

|

Purchase Price

$644k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,435

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,704

Total Expenses

$5,733

Mortgage P&I

70%

$3,281

Property Taxes

13%

$626

Home Insurance

5%

$228

HOA

0%

$0

Property Management

12%

$564

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$517

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis