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20 Wildwood Ave, Millville, NJ 08332

3 beds • 2 baths • 1984 sqft

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This property looks like a bad Airbnb investment with a projected -6.87% first-year return on $77,850 initial cash invested.

-6.87%

Cash On Cash

4.75%

Cap Rate

0.78

DSCR

$2,986

Rent

-$446

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $3,432 expenses = $446 out of pocket

Income$2,986Out of Pocket$446Mortgage P&I$1,45449%Property Taxes$44615%Insurance$1003%Management$44815%CapEx$1194%Maintenance$1194%Other$74625%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$3,432

Mortgage P&I

49%

$1,454

Property Taxes

15%

$446

Home Insurance

3%

$100

HOA

0%

$0

Property Management

15%

$448

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$746

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