REI Lense

REI Lense

Unlock all features! Tap here to upgrade

974 Ridge Road, Brick, NJ 08724

3 beds • 3 baths • 2124 sqft

Email

This property looks like a bad Airbnb investment with a projected -18.96% first-year return on $159k initial cash invested.

-18.96%

Cash On Cash

1.81%

Cap Rate

0.3

DSCR

$3,933

Rent

-$2,514

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,933 income − $6,447 expenses = $2,514 out of pocket

Income$3,933Out of Pocket$2,514Mortgage P&I$3,36886%Property Taxes$95624%Insurance$2366%Management$59015%CapEx$1574%Maintenance$1574%Other$98325%

Investment Breakdown

|

Purchase Price

$672k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,721

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,933

Total Expenses

$6,447

Mortgage P&I

86%

$3,368

Property Taxes

24%

$956

Home Insurance

6%

$236

HOA

0%

$0

Property Management

15%

$590

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$983

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis