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1615 State Route 71, Belmar, NJ 07719

3 beds • 2 baths • 932 sqft

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This property looks like a bad Airbnb investment with a projected -9.54% first-year return on $141k initial cash invested.

-9.54%

Cash On Cash

3.88%

Cap Rate

0.67

DSCR

$4,773

Rent

-$1,125

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$588k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$118k

Closing costs

1%

$5,878

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,773

Total Expenses

$5,898

Mortgage P&I

59%

$2,833

Property Taxes

11%

$529

Home Insurance

5%

$245

HOA

0%

$0

Property Management

15%

$716

CapEx

4%

$191

Vacancy

0%

$0

Maintenance

4%

$191

Other

25%

$1,193

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