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1204 River Road, Belmar, NJ 07719

3 beds • 3 baths • 1416 sqft

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This property looks like a bad Airbnb investment with a projected -13.49% first-year return on $177k initial cash invested.

-13.49%

Cash On Cash

2.94%

Cap Rate

0.51

DSCR

$4,638

Rent

-$1,985

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$755k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$151k

Closing costs

1%

$7,549

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,638

Total Expenses

$6,623

Mortgage P&I

79%

$3,650

Property Taxes

10%

$481

Home Insurance

6%

$264

HOA

0%

$0

Property Management

15%

$696

CapEx

4%

$186

Vacancy

0%

$0

Maintenance

4%

$186

Other

25%

$1,160

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