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11 Iroquois Ave, Rockaway, NJ 07866

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -29.44% first-year return on $148k initial cash invested.

-29.44%

Cash On Cash

-0.82%

Cap Rate

-0.13

DSCR

$1,525

Rent

-$3,631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,525 income − $5,156 expenses = $3,631 out of pocket

Income$1,525Out of Pocket$3,631Mortgage P&I$3,149206%Property Taxes$97864%Insurance$21714%HOA$805%Management$22915%CapEx$614%Maintenance$614%Other$38125%

Investment Breakdown

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Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,190

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,525

Total Expenses

$5,156

Mortgage P&I

206%

$3,149

Property Taxes

64%

$978

Home Insurance

14%

$217

HOA

5%

$80

Property Management

15%

$229

CapEx

4%

$61

Vacancy

0%

$0

Maintenance

4%

$61

Other

25%

$381

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