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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 -20.88% first-year return on $163k initial cash invested.

-20.88%

Cash On Cash

1.39%

Cap Rate

0.23

DSCR

$2,878

Rent

-$2,835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $5,713 expenses = $2,835 out of pocket

Income$2,878Out of Pocket$2,835Mortgage P&I$3,518122%Property Taxes$57120%Insurance$2428%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

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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

$2,878

Total Expenses

$5,713

Mortgage P&I

122%

$3,518

Property Taxes

20%

$571

Home Insurance

8%

$242

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

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