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1204 Hamilton St, Somerset, NJ 08873

3 beds • 2 baths • 1180 sqft

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This property looks like a bad Airbnb investment with a projected -22.57% first-year return on $123k initial cash invested.

-22.57%

Cash On Cash

0.71%

Cap Rate

0.12

DSCR

$2,057

Rent

-$2,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,057 income − $4,370 expenses = $2,313 out of pocket

Income$2,057Out of Pocket$2,313Mortgage P&I$2,528123%Property Taxes$68033%Insurance$1759%Management$30915%CapEx$824%Maintenance$824%Other$51425%

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,980

Closing costs

1%

$4,999

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,057

Total Expenses

$4,370

Mortgage P&I

123%

$2,528

Property Taxes

33%

$680

Home Insurance

9%

$175

HOA

0%

$0

Property Management

15%

$309

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$514

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