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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 -18.19% first-year return on $123k initial cash invested.

-18.19%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$2,702

Rent

-$1,863

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$2,702

Total Expenses

$4,565

Mortgage P&I

90%

$2,441

Property Taxes

24%

$652

Home Insurance

6%

$175

HOA

0%

$0

Property Management

15%

$405

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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