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274 7th St, Jersey City, NJ 07302

3 beds • 3 baths • sqft

$1,958,700

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This property looks like a bad Airbnb investment with a projected -23.91% first-year return on $429k initial cash invested.

-23.91%

Cash On Cash

1.12%

Cap Rate

0.18

DSCR

$7,880

Rent

-$8,553

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,880 income − $16,433 expenses = $8,553 out of pocket

Income$7,880Out of Pocket$8,553Mortgage P&I$10,061128%Property Taxes$1,89024%Insurance$7009%Management$1,18215%CapEx$3154%Maintenance$3154%Other$1,97025%

Investment Breakdown

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Purchase Price

$1959k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$429k

Downpayment

20%

$392k

Closing costs

1%

$19,587

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$7,880

Total Expenses

$16,433

Mortgage P&I

128%

$10,061

Property Taxes

24%

$1,890

Home Insurance

9%

$700

HOA

0%

$0

Property Management

15%

$1,182

CapEx

4%

$315

Vacancy

0%

$0

Maintenance

4%

$315

Other

25%

$1,970

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