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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 -14.97% first-year return on $105k initial cash invested.

-14.97%

Cash On Cash

2.69%

Cap Rate

0.44

DSCR

$3,111

Rent

-$1,309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,111 income − $4,420 expenses = $1,309 out of pocket

Income$3,111Out of Pocket$1,309Mortgage P&I$2,11168%Property Taxes$66922%Insurance$1475%Management$46715%CapEx$1244%Maintenance$1244%Other$77825%

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

$3,111

Total Expenses

$4,420

Mortgage P&I

68%

$2,111

Property Taxes

22%

$669

Home Insurance

5%

$147

HOA

0%

$0

Property Management

15%

$467

CapEx

4%

$124

Vacancy

0%

$0

Maintenance

4%

$124

Other

25%

$778

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