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167 Mundy Ave, Edison, NJ 08820

3 beds • 3 baths • 2244 sqft

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This property looks like a bad Airbnb investment with a projected -26.4% first-year return on $218k initial cash invested.

-26.4%

Cash On Cash

0.26%

Cap Rate

0.04

DSCR

$3,356

Rent

-$4,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,356 income − $8,158 expenses = $4,802 out of pocket

Income$3,356Out of Pocket$4,802Mortgage P&I$4,877145%Property Taxes$1,34740%Insurance$32410%Management$50315%CapEx$1344%Maintenance$1344%Other$83925%

Investment Breakdown

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Purchase Price

$954k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$218k

Downpayment

20%

$191k

Closing costs

1%

$9,535

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,356

Total Expenses

$8,158

Mortgage P&I

145%

$4,877

Property Taxes

40%

$1,347

Home Insurance

10%

$324

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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