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1331 Emerson Ave, Cape May, NJ 08204

beds • baths • 1762 sqft

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This property looks like a bad Airbnb investment with a projected -21.34% first-year return on $180k initial cash invested.

-21.34%

Cash On Cash

1.67%

Cap Rate

0.28

DSCR

$3,698

Rent

-$3,195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$855k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$171k

Closing costs

1%

$8,554

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$3,698

Total Expenses

$6,893

Mortgage P&I

115%

$4,240

Property Taxes

16%

$579

Home Insurance

8%

$299

HOA

0%

$0

Property Management

15%

$555

CapEx

4%

$148

Vacancy

0%

$0

Maintenance

4%

$148

Other

25%

$924

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