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16A Paterson St, Jersey City, NJ 07307

4 beds • 4 baths • sqft

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This property looks like a bad Airbnb investment with a projected -9.74% first-year return on $199k initial cash invested.

-9.74%

Cash On Cash

4.28%

Cap Rate

0.7

DSCR

$8,647

Rent

-$1,611

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$831k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$199k

Downpayment

20%

$166k

Closing costs

1%

$8,311

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$8,647

Total Expenses

$10,258

Mortgage P&I

49%

$4,231

Property Taxes

16%

$1,369

Home Insurance

6%

$507

HOA

0%

$0

Property Management

15%

$1,297

CapEx

4%

$346

Vacancy

0%

$0

Maintenance

4%

$346

Other

25%

$2,162

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