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1629 May St, Union, NJ 07083

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -12.62% first-year return on $134k initial cash invested.

-12.62%

Cash On Cash

3.14%

Cap Rate

0.54

DSCR

$4,193

Rent

-$1,404

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,193 income − $5,597 expenses = $1,404 out of pocket

Income$4,193Out of Pocket$1,404Mortgage P&I$2,67364%Property Taxes$71917%Insurance$1925%Management$62915%CapEx$1684%Maintenance$1684%Other$1,04825%

Investment Breakdown

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Purchase Price

$550k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$110k

Closing costs

1%

$5,500

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,193

Total Expenses

$5,597

Mortgage P&I

64%

$2,673

Property Taxes

17%

$719

Home Insurance

5%

$192

HOA

0%

$0

Property Management

15%

$629

CapEx

4%

$168

Vacancy

0%

$0

Maintenance

4%

$168

Other

25%

$1,048

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