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247 20th Avenue, Brick, NJ 08724

3 beds • 2 baths • 1764 sqft

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This property looks like a bad Airbnb investment with a projected -23.41% first-year return on $153k initial cash invested.

-23.41%

Cash On Cash

0.72%

Cap Rate

0.12

DSCR

$2,247

Rent

-$2,993

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,247 income − $5,240 expenses = $2,993 out of pocket

Income$2,247Out of Pocket$2,993Mortgage P&I$3,288146%Property Taxes$64629%Insurance$22710%Management$33715%CapEx$904%Maintenance$904%Other$56225%

Investment Breakdown

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Purchase Price

$645k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,448

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,247

Total Expenses

$5,240

Mortgage P&I

146%

$3,288

Property Taxes

29%

$646

Home Insurance

10%

$227

HOA

0%

$0

Property Management

15%

$337

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$562

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