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172 Mill Rd, Pittsgrove, NJ 08318

3 beds • 3 baths • 1600 sqft

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This property looks like a bad Airbnb investment with a projected -17.47% first-year return on $110k initial cash invested.

-17.47%

Cash On Cash

1.74%

Cap Rate

0.3

DSCR

$2,347

Rent

-$1,607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,347 income − $3,954 expenses = $1,607 out of pocket

Income$2,347Out of Pocket$1,607Mortgage P&I$2,15092%Property Taxes$52322%Insurance$1547%Management$35215%CapEx$944%Maintenance$944%Other$58725%

Investment Breakdown

|

Purchase Price

$440k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$88,000

Closing costs

1%

$4,400

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,347

Total Expenses

$3,954

Mortgage P&I

92%

$2,150

Property Taxes

22%

$523

Home Insurance

7%

$154

HOA

0%

$0

Property Management

15%

$352

CapEx

4%

$94

Vacancy

0%

$0

Maintenance

4%

$94

Other

25%

$587

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