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143 Lexington Ave, Jersey City, NJ 07304

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -16.5% first-year return on $159k initial cash invested.

-16.5%

Cash On Cash

2.29%

Cap Rate

0.39

DSCR

$4,064

Rent

-$2,181

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,064 income − $6,245 expenses = $2,181 out of pocket

Income$4,064Out of Pocket$2,181Mortgage P&I$3,29581%Property Taxes$77019%Insurance$2286%Management$61015%CapEx$1634%Maintenance$1634%Other$1,01625%

Investment Breakdown

|

Purchase Price

$669k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$159k

Downpayment

20%

$134k

Closing costs

1%

$6,694

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,064

Total Expenses

$6,245

Mortgage P&I

81%

$3,295

Property Taxes

19%

$770

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$610

CapEx

4%

$163

Vacancy

0%

$0

Maintenance

4%

$163

Other

25%

$1,016

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