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2 Vincent Dr, Burlington, NJ 08016

3 beds • 2 baths • 1704 sqft

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This property looks like a bad Airbnb investment with a projected -21.54% first-year return on $123k initial cash invested.

-21.54%

Cash On Cash

0.76%

Cap Rate

0.13

DSCR

$2,044

Rent

-$2,206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,044 income − $4,250 expenses = $2,206 out of pocket

Income$2,044Out of Pocket$2,206Mortgage P&I$2,441119%Property Taxes$65232%Insurance$1759%Management$30715%CapEx$824%Maintenance$824%Other$51125%

Investment Breakdown

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Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,900

Closing costs

1%

$4,995

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,044

Total Expenses

$4,250

Mortgage P&I

119%

$2,441

Property Taxes

32%

$652

Home Insurance

9%

$175

HOA

0%

$0

Property Management

15%

$307

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$511

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