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208 N 11Th St, Newark, NJ 07107

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -5.75% first-year return on $111k initial cash invested.

-5.75%

Cash On Cash

5.08%

Cap Rate

0.84

DSCR

$4,238

Rent

-$534

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$445k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$89,000

Closing costs

1%

$4,450

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,238

Total Expenses

$4,772

Mortgage P&I

53%

$2,248

Property Taxes

8%

$332

Home Insurance

4%

$156

HOA

0%

$0

Property Management

15%

$636

CapEx

4%

$170

Vacancy

0%

$0

Maintenance

4%

$170

Other

25%

$1,060

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