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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 -30.02% first-year return on $101k initial cash invested.

-30.02%

Cash On Cash

-0.07%

Cap Rate

-0.01

DSCR

$1,729

Rent

-$2,524

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,729 income − $4,253 expenses = $2,524 out of pocket

Income$1,729Out of Pocket$2,524Mortgage P&I$2,425140%Property Taxes$83148%Insurance$16810%Management$25915%CapEx$694%Maintenance$694%Other$43225%

Investment Breakdown

|

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

$1,729

Total Expenses

$4,253

Mortgage P&I

140%

$2,425

Property Taxes

48%

$831

Home Insurance

10%

$168

HOA

0%

$0

Property Management

15%

$259

CapEx

4%

$69

Vacancy

0%

$0

Maintenance

4%

$69

Other

25%

$432

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