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28 Hopemont Dr, Mount Laurel, NJ 08054

3 beds • 2 baths • 2394 sqft

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This property looks like a bad Airbnb investment with a projected -17.41% first-year return on $148k initial cash invested.

-17.41%

Cash On Cash

2.19%

Cap Rate

0.36

DSCR

$3,959

Rent

-$2,149

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,959 income − $6,108 expenses = $2,149 out of pocket

Income$3,959Out of Pocket$2,149Mortgage P&I$3,12279%Property Taxes$87222%Insurance$2145%Management$59415%CapEx$1584%Maintenance$1584%Other$99025%

Investment Breakdown

|

Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,196

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,959

Total Expenses

$6,108

Mortgage P&I

79%

$3,122

Property Taxes

22%

$872

Home Insurance

5%

$214

HOA

0%

$0

Property Management

15%

$594

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$990

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