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230 Diamond Spring Drive, Monroe Township, NJ 08831
2 beds • 2 baths • 1963 sqft
$710,600
View on ZillowThis property looks like a bad Airbnb investment with a projected -25.72% first-year return on $161k initial cash invested.
-25.72%
Cash On Cash
0.13%
Cap Rate
0.02
DSCR
$2,504
Rent
-$3,456
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,504 income − $5,960 expenses = $3,456 out of pocket
Investment Breakdown
|
Purchase Price
$711k
Downpayment
20.0%
Interest Rate
6.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$161k
Downpayment
20%
$142k
Closing costs
1%
$7,106
Rehab
0%
$0
Furnishing
2%
$12,000
Cashflow
Total Income
$2,504
Total Expenses
$5,960
Mortgage P&I
137%
$3,431
Property Taxes
43%
$1,078
Home Insurance
10%
$249
HOA
0%
$0
Property Management
15%
$376
CapEx
4%
$100
Vacancy
0%
$0
Maintenance
4%
$100
Other
25%
$626