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2709 Bay Dr, Villas, NJ 08251

3 beds • 2 baths • sqft

$1,656,100

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This property looks like a bad Airbnb investment with a projected -25.24% first-year return on $366k initial cash invested.

-25.24%

Cash On Cash

0.62%

Cap Rate

0.1

DSCR

$3,620

Rent

-$7,693

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,620 income − $11,313 expenses = $7,693 out of pocket

Income$3,620Out of Pocket$7,693Mortgage P&I$8,407232%Property Taxes$55615%Insurance$61217%Management$54315%CapEx$1454%Maintenance$1454%Other$90525%

Investment Breakdown

|

Purchase Price

$1656k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$366k

Downpayment

20%

$331k

Closing costs

1%

$16,561

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,620

Total Expenses

$11,313

Mortgage P&I

232%

$8,407

Property Taxes

15%

$556

Home Insurance

17%

$612

HOA

0%

$0

Property Management

15%

$543

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$905

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