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1650 Mills Ln, Williamstown, NJ 08094

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Airbnb investment with a projected -9.12% first-year return on $105k initial cash invested.

-9.12%

Cash On Cash

4.29%

Cap Rate

0.7

DSCR

$4,097

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,097 income − $4,894 expenses = $797 out of pocket

Income$4,097Out of Pocket$797Mortgage P&I$2,11152%Property Taxes$66916%Insurance$1474%Management$61515%CapEx$1644%Maintenance$1644%Other$1,02425%

Investment Breakdown

|

Purchase Price

$414k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,760

Closing costs

1%

$4,138

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,097

Total Expenses

$4,894

Mortgage P&I

52%

$2,111

Property Taxes

16%

$669

Home Insurance

4%

$147

HOA

0%

$0

Property Management

15%

$615

CapEx

4%

$164

Vacancy

0%

$0

Maintenance

4%

$164

Other

25%

$1,024

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