REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$4,174 (target)

974 Ridge Road, Brick, NJ 08724

3 beds • 3 baths • 2124 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.51% first-year return on $141k initial cash invested.

-12.51%

Cash On Cash

3.76%

Cap Rate

0.63

DSCR

$4,174

Rent

-$1,471

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,174 income − $5,645 expenses = $1,471 out of pocket

Income$4,174Out of Pocket$1,471Mortgage P&I$3,36881%Property Taxes$95623%Insurance$2366%Management$41710%CapEx$2095%Vacancy$2506%Maintenance$2095%

Investment Breakdown

|

Purchase Price

$672k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$134k

Closing costs

1%

$6,721

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,174

Total Expenses

$5,645

Mortgage P&I

81%

$3,368

Property Taxes

23%

$956

Home Insurance

6%

$236

HOA

0%

$0

Property Management

10%

$417

CapEx

5%

$209

Vacancy

6%

$250

Maintenance

5%

$209

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis