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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 -13.2% first-year return on $128k initial cash invested.

-13.2%

Cash On Cash

2.95%

Cap Rate

0.5

DSCR

$3,403

Rent

-$1,404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,403

Total Expenses

$4,807

Mortgage P&I

75%

$2,550

Property Taxes

13%

$449

Home Insurance

5%

$175

HOA

0%

$0

Property Management

15%

$510

CapEx

4%

$136

Vacancy

0%

$0

Maintenance

4%

$136

Other

25%

$851

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