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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 -19.16% first-year return on $177k initial cash invested.

-19.16%

Cash On Cash

1.72%

Cap Rate

0.29

DSCR

$4,598

Rent

-$2,826

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,598 income − $7,424 expenses = $2,826 out of pocket

Income$4,598Out of Pocket$2,826Mortgage P&I$3,72581%Property Taxes$94020%Insurance$2666%HOA$2856%Management$69015%CapEx$1844%Maintenance$1844%Other$1,15025%

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

$4,598

Total Expenses

$7,424

Mortgage P&I

81%

$3,725

Property Taxes

20%

$940

Home Insurance

6%

$266

HOA

6%

$285

Property Management

15%

$690

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,150

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