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185 Arborridge Drive, Forked River, NJ 08731

3 beds • 3 baths • 2677 sqft

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This property looks like a bad Airbnb investment with a projected -19.77% first-year return on $177k initial cash invested.

-19.77%

Cash On Cash

1.56%

Cap Rate

0.26

DSCR

$4,425

Rent

-$2,915

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,425 income − $7,340 expenses = $2,915 out of pocket

Income$4,425Out of Pocket$2,915Mortgage P&I$3,72584%Property Taxes$94021%Insurance$2666%HOA$2856%Management$66415%CapEx$1774%Maintenance$1774%Other$1,10625%

Investment Breakdown

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Purchase Price

$757k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$177k

Downpayment

20%

$151k

Closing costs

1%

$7,569

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,425

Total Expenses

$7,340

Mortgage P&I

84%

$3,725

Property Taxes

21%

$940

Home Insurance

6%

$266

HOA

6%

$285

Property Management

15%

$664

CapEx

4%

$177

Vacancy

0%

$0

Maintenance

4%

$177

Other

25%

$1,106

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