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25 Balsam Pkwy, Sparta, NJ 07871

3 beds • 5 baths • 6048 sqft

$3,391,600

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This property looks like a bad Airbnb investment with a projected -33.31% first-year return on $730k initial cash invested.

-33.31%

Cash On Cash

-0.77%

Cap Rate

-0.12

DSCR

$4,869

Rent

-$20,268

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,869 income − $25,137 expenses = $20,268 out of pocket

Income$4,869Out of Pocket$20,268Mortgage P&I$17,902368%Property Taxes$3,39070%Insurance$1,26026%HOA$2485%Management$73015%CapEx$1954%Maintenance$1954%Other$1,21725%

Investment Breakdown

|

Purchase Price

$3392k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$730k

Downpayment

20%

$678k

Closing costs

1%

$33,916

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,869

Total Expenses

$25,137

Mortgage P&I

368%

$17,902

Property Taxes

70%

$3,390

Home Insurance

26%

$1,260

HOA

5%

$248

Property Management

15%

$730

CapEx

4%

$195

Vacancy

0%

$0

Maintenance

4%

$195

Other

25%

$1,217

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