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1298 W Cornell St, Vineland, NJ 08360

3 beds • 2 baths • 1369 sqft

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This property looks like a bad Airbnb investment with a projected -8.12% first-year return on $93,579 initial cash invested.

-8.12%

Cash On Cash

4.36%

Cap Rate

0.72

DSCR

$3,148

Rent

-$633

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,148 income − $3,781 expenses = $633 out of pocket

Income$3,148Out of Pocket$633Mortgage P&I$1,81558%Property Taxes$32910%Insurance$1264%Management$47215%CapEx$1264%Maintenance$1264%Other$78725%

Investment Breakdown

|

Purchase Price

$360k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,579

Downpayment

20%

$71,980

Closing costs

1%

$3,599

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$3,781

Mortgage P&I

58%

$1,815

Property Taxes

10%

$329

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$787

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