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2225 E Main St, Millville, NJ 08332

3 beds • 2 baths • 1298 sqft

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This property looks like a bad Airbnb investment with a projected -3.73% first-year return on $90,093 initial cash invested.

-3.73%

Cash On Cash

5.44%

Cap Rate

0.92

DSCR

$3,610

Rent

-$280

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,093

Downpayment

20%

$68,660

Closing costs

1%

$3,433

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,890

Mortgage P&I

47%

$1,693

Property Taxes

10%

$344

Home Insurance

3%

$121

HOA

0%

$0

Property Management

15%

$542

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$902

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