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1349 Cherokee Ln, Vineland, NJ 08361

3 beds • 3 baths • 1424 sqft

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This property looks like a bad Airbnb investment with a projected -10.45% first-year return on $94,419 initial cash invested.

-10.45%

Cash On Cash

3.76%

Cap Rate

0.62

DSCR

$3,047

Rent

-$822

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,047 income − $3,869 expenses = $822 out of pocket

Income$3,047Out of Pocket$822Mortgage P&I$1,84060%Property Taxes$39513%Insurance$1364%HOA$351%Management$45715%CapEx$1224%Maintenance$1224%Other$76225%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,419

Downpayment

20%

$72,780

Closing costs

1%

$3,639

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,047

Total Expenses

$3,869

Mortgage P&I

60%

$1,840

Property Taxes

13%

$395

Home Insurance

4%

$136

HOA

1%

$35

Property Management

15%

$457

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$762

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