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12 Marcy Dr, Neptune, NJ 07753

3 beds • 3 baths • 2238 sqft

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This property looks like a bad Airbnb investment with a projected -25.35% first-year return on $169k initial cash invested.

-25.35%

Cash On Cash

0.19%

Cap Rate

0.03

DSCR

$2,408

Rent

-$3,571

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,408 income − $5,979 expenses = $3,571 out of pocket

Income$2,408Out of Pocket$3,571Mortgage P&I$3,587149%Property Taxes$98241%Insurance$25511%Management$36115%CapEx$964%Maintenance$964%Other$60225%

Investment Breakdown

|

Purchase Price

$719k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,194

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,408

Total Expenses

$5,979

Mortgage P&I

149%

$3,587

Property Taxes

41%

$982

Home Insurance

11%

$255

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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