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253 Academy Ln, Manahawkin, NJ 08050

3 beds • 4 baths • 2800 sqft

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This property looks like a bad Airbnb investment with a projected -19.42% first-year return on $161k initial cash invested.

-19.42%

Cash On Cash

2.31%

Cap Rate

0.35

DSCR

$3,940

Rent

-$2,598

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,940 income − $6,538 expenses = $2,598 out of pocket

Income$3,940Out of Pocket$2,598Mortgage P&I$3,74795%Property Taxes$67117%Insurance$2286%Management$59115%CapEx$1584%Maintenance$1584%Other$98525%

Investment Breakdown

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Purchase Price

$679k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$161k

Downpayment

20%

$136k

Closing costs

1%

$6,787

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,940

Total Expenses

$6,538

Mortgage P&I

95%

$3,747

Property Taxes

17%

$671

Home Insurance

6%

$228

HOA

0%

$0

Property Management

15%

$591

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$985

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