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120 Albatross Ave, Manahawkin, NJ 08050

3 beds • 2 baths • 1124 sqft

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This property looks like a bad Airbnb investment with a projected -18.19% first-year return on $128k initial cash invested.

-18.19%

Cash On Cash

1.63%

Cap Rate

0.28

DSCR

$2,383

Rent

-$1,934

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,383 income − $4,317 expenses = $1,934 out of pocket

Income$2,383Out of Pocket$1,934Mortgage P&I$2,550107%Property Taxes$44919%Insurance$1757%Management$35715%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,219

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,383

Total Expenses

$4,317

Mortgage P&I

107%

$2,550

Property Taxes

19%

$449

Home Insurance

7%

$175

HOA

0%

$0

Property Management

15%

$357

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

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