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2 Carriage Ln, Marlton, NJ 08053

3 beds • 2 baths • 1892 sqft

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This property looks like a bad Airbnb investment with a projected -16.87% first-year return on $121k initial cash invested.

-16.87%

Cash On Cash

2.13%

Cap Rate

0.36

DSCR

$3,145

Rent

-$1,700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,145 income − $4,845 expenses = $1,700 out of pocket

Income$3,145Out of Pocket$1,700Mortgage P&I$2,44378%Property Taxes$72023%Insurance$1725%Management$47215%CapEx$1264%Maintenance$1264%Other$78625%

Investment Breakdown

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Purchase Price

$490k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$121k

Downpayment

20%

$98,000

Closing costs

1%

$4,900

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,145

Total Expenses

$4,845

Mortgage P&I

78%

$2,443

Property Taxes

23%

$720

Home Insurance

5%

$172

HOA

0%

$0

Property Management

15%

$472

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$786

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