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1508 Elaine Ter, Union, NJ 07083

beds • baths • sqft

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This property looks like a bad Airbnb investment with a projected -29.18% first-year return on $101k initial cash invested.

-29.18%

Cash On Cash

0.12%

Cap Rate

0.02

DSCR

$1,868

Rent

-$2,453

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,868 income − $4,321 expenses = $2,453 out of pocket

Income$1,868Out of Pocket$2,453Mortgage P&I$2,425130%Property Taxes$83144%Insurance$1689%Management$28015%CapEx$754%Maintenance$754%Other$46725%

Investment Breakdown

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Purchase Price

$480k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,080

Closing costs

1%

$4,804

Rehab

0%

$0

Furnishing

0%

$1

Cashflow

Total Income

$1,868

Total Expenses

$4,321

Mortgage P&I

130%

$2,425

Property Taxes

44%

$831

Home Insurance

9%

$168

HOA

0%

$0

Property Management

15%

$280

CapEx

4%

$75

Vacancy

0%

$0

Maintenance

4%

$75

Other

25%

$467

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