REI Lense

REI Lense

Unlock all features! Tap here to upgrade

980 Gates Ave, Piscataway, NJ 08854

3 beds • 3 baths • 1620 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.49% first-year return on $171k initial cash invested.

-19.49%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$3,602

Rent

-$2,779

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,602 income − $6,381 expenses = $2,779 out of pocket

Income$3,602Out of Pocket$2,779Mortgage P&I$3,636101%Property Taxes$76521%Insurance$2527%Management$54015%CapEx$1444%Maintenance$1444%Other$90025%

Investment Breakdown

|

Purchase Price

$729k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,292

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,602

Total Expenses

$6,381

Mortgage P&I

101%

$3,636

Property Taxes

21%

$765

Home Insurance

7%

$252

HOA

0%

$0

Property Management

15%

$540

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$900

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis