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15 Glenside Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -16.29% first-year return on $138k initial cash invested.

-16.29%

Cash On Cash

2.42%

Cap Rate

0.4

DSCR

$4,420

Rent

-$1,880

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,420 income − $6,300 expenses = $1,880 out of pocket

Income$4,420Out of Pocket$1,880Mortgage P&I$2,85965%Property Taxes$88420%Insurance$1854%HOA$2506%Management$66315%CapEx$1774%Maintenance$1774%Other$1,10525%

Investment Breakdown

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Purchase Price

$574k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$115k

Closing costs

1%

$5,738

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,420

Total Expenses

$6,300

Mortgage P&I

65%

$2,859

Property Taxes

20%

$884

Home Insurance

4%

$185

HOA

6%

$250

Property Management

15%

$663

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,105

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