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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 -11.24% first-year return on $77,850 initial cash invested.

-11.24%

Cash On Cash

3.47%

Cap Rate

0.57

DSCR

$2,445

Rent

-$729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,445 income − $3,174 expenses = $729 out of pocket

Income$2,445Out of Pocket$729Mortgage P&I$1,45459%Property Taxes$44618%Insurance$1004%Management$36715%CapEx$984%Maintenance$984%Other$61125%

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

$2,445

Total Expenses

$3,174

Mortgage P&I

59%

$1,454

Property Taxes

18%

$446

Home Insurance

4%

$100

HOA

0%

$0

Property Management

15%

$367

CapEx

4%

$98

Vacancy

0%

$0

Maintenance

4%

$98

Other

25%

$611

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