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11 Polk Drive, Brick, NJ 08724

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -19.78% first-year return on $163k initial cash invested.

-19.78%

Cash On Cash

1.67%

Cap Rate

0.27

DSCR

$3,167

Rent

-$2,685

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,167 income − $5,852 expenses = $2,685 out of pocket

Income$3,167Out of Pocket$2,685Mortgage P&I$3,518111%Property Taxes$57118%Insurance$2428%Management$47515%CapEx$1274%Maintenance$1274%Other$79225%

Investment Breakdown

|

Purchase Price

$690k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$138k

Closing costs

1%

$6,900

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,167

Total Expenses

$5,852

Mortgage P&I

111%

$3,518

Property Taxes

18%

$571

Home Insurance

8%

$242

HOA

0%

$0

Property Management

15%

$475

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$792

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