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23 Bloomer Dr, Burlington, NJ 08016

3 beds • 2 baths • 2046 sqft

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This property looks like a bad Airbnb investment with a projected -20.42% first-year return on $129k initial cash invested.

-20.42%

Cash On Cash

1.24%

Cap Rate

0.21

DSCR

$2,706

Rent

-$2,200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,706 income − $4,906 expenses = $2,200 out of pocket

Income$2,706Out of Pocket$2,200Mortgage P&I$2,64098%Property Taxes$78429%Insurance$1847%Management$40615%CapEx$1084%Maintenance$1084%Other$67625%

Investment Breakdown

|

Purchase Price

$530k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$106k

Closing costs

1%

$5,298

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,706

Total Expenses

$4,906

Mortgage P&I

98%

$2,640

Property Taxes

29%

$784

Home Insurance

7%

$184

HOA

0%

$0

Property Management

15%

$406

CapEx

4%

$108

Vacancy

0%

$0

Maintenance

4%

$108

Other

25%

$676

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