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24 Fairview Drive, Middletown, NJ 07748

3 beds • 2 baths • 1878 sqft

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This property looks like a bad Airbnb investment with a projected -25.38% first-year return on $170k initial cash invested.

-25.38%

Cash On Cash

0.35%

Cap Rate

0.06

DSCR

$2,518

Rent

-$3,606

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,518 income − $6,124 expenses = $3,606 out of pocket

Income$2,518Out of Pocket$3,606Mortgage P&I$3,714147%Property Taxes$95838%Insurance$24210%Management$37815%CapEx$1014%Maintenance$1014%Other$63025%

Investment Breakdown

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Purchase Price

$726k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$170k

Downpayment

20%

$145k

Closing costs

1%

$7,261

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,518

Total Expenses

$6,124

Mortgage P&I

148%

$3,714

Property Taxes

38%

$958

Home Insurance

10%

$242

HOA

0%

$0

Property Management

15%

$378

CapEx

4%

$101

Vacancy

0%

$0

Maintenance

4%

$101

Other

25%

$630

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