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106 17th Avenue, Belmar, NJ 07719

3 beds • 2 baths • 1792 sqft

$1,505,000

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This property looks like a bad Airbnb investment with a projected -23.8% first-year return on $334k initial cash invested.

-23.8%

Cash On Cash

0.58%

Cap Rate

0.1

DSCR

$4,049

Rent

-$6,625

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1505k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$334k

Downpayment

20%

$301k

Closing costs

1%

$15,050

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,049

Total Expenses

$10,674

Mortgage P&I

177%

$7,185

Property Taxes

25%

$1,021

Home Insurance

13%

$525

HOA

0%

$0

Property Management

15%

$607

CapEx

4%

$162

Vacancy

0%

$0

Maintenance

4%

$162

Other

25%

$1,012

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