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142 Main Rd, Hammonton, NJ 08037

3 beds • 3 baths • 2171 sqft

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This property looks like a bad Airbnb investment with a projected -8.65% first-year return on $114k initial cash invested.

-8.65%

Cash On Cash

4.06%

Cap Rate

0.7

DSCR

$4,010

Rent

-$821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,010 income − $4,831 expenses = $821 out of pocket

Income$4,010Out of Pocket$821Mortgage P&I$2,20655%Property Taxes$50012%Insurance$2015%Management$60215%CapEx$1604%Maintenance$1604%Other$1,00225%

Investment Breakdown

|

Purchase Price

$457k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$91,360

Closing costs

1%

$4,568

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,010

Total Expenses

$4,831

Mortgage P&I

55%

$2,206

Property Taxes

12%

$500

Home Insurance

5%

$201

HOA

0%

$0

Property Management

15%

$602

CapEx

4%

$160

Vacancy

0%

$0

Maintenance

4%

$160

Other

25%

$1,002

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