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1407 Wallach Drive, Toms River, NJ 08755

3 beds • 2 baths • 1459 sqft

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This property looks like a bad Airbnb investment with a projected -25.45% first-year return on $148k initial cash invested.

-25.45%

Cash On Cash

0.26%

Cap Rate

0.04

DSCR

$1,838

Rent

-$3,143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,838 income − $4,981 expenses = $3,143 out of pocket

Income$1,838Out of Pocket$3,143Mortgage P&I$3,203174%Property Taxes$70038%Insurance$19411%Management$27615%CapEx$744%Maintenance$744%Other$46025%

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,201

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,838

Total Expenses

$4,981

Mortgage P&I

174%

$3,203

Property Taxes

38%

$700

Home Insurance

11%

$194

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$460

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