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203 Balmiere Rd, Cranford, NJ 07016

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -30.4% first-year return on $198k initial cash invested.

-30.4%

Cash On Cash

-0.31%

Cap Rate

-0.05

DSCR

$2,208

Rent

-$5,017

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,208 income − $7,225 expenses = $5,017 out of pocket

Income$2,208Out of Pocket$5,017Mortgage P&I$4,708213%Property Taxes$1,19054%Insurance$26812%Management$33115%CapEx$884%Maintenance$884%Other$55225%

Investment Breakdown

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Purchase Price

$857k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$198k

Downpayment

20%

$171k

Closing costs

1%

$8,573

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,208

Total Expenses

$7,225

Mortgage P&I

213%

$4,708

Property Taxes

54%

$1,190

Home Insurance

12%

$268

HOA

0%

$0

Property Management

15%

$331

CapEx

4%

$88

Vacancy

0%

$0

Maintenance

4%

$88

Other

25%

$552

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