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27 Landry Rd, Somerset, NJ 08873

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -18.87% first-year return on $138k initial cash invested.

-18.87%

Cash On Cash

1.52%

Cap Rate

0.26

DSCR

$2,945

Rent

-$2,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,700

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,945

Total Expenses

$5,110

Mortgage P&I

94%

$2,768

Property Taxes

25%

$728

Home Insurance

7%

$200

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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