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216 Maple Drive, Bayville, NJ 08721

3 beds • 3 baths • 2239 sqft

$1,213,800

View on Zillow
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This property looks like a bad Airbnb investment with a projected -30.79% first-year return on $273k initial cash invested.

-30.79%

Cash On Cash

-0.75%

Cap Rate

-0.12

DSCR

$1,386

Rent

-$7,001

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,386 income − $8,387 expenses = $7,001 out of pocket

Income$1,386Out of Pocket$7,001Mortgage P&I$6,189447%Property Taxes$1,09879%Insurance$43631%Management$20815%CapEx$554%Maintenance$554%Other$34625%

Investment Breakdown

|

Purchase Price

$1214k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$273k

Downpayment

20%

$243k

Closing costs

1%

$12,138

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$1,386

Total Expenses

$8,387

Mortgage P&I

447%

$6,189

Property Taxes

79%

$1,098

Home Insurance

31%

$436

HOA

0%

$0

Property Management

15%

$208

CapEx

4%

$55

Vacancy

0%

$0

Maintenance

4%

$55

Other

25%

$346

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