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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 -23.94% first-year return on $148k initial cash invested.

-23.94%

Cash On Cash

0.51%

Cap Rate

0.08

DSCR

$2,408

Rent

-$2,955

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,408 income − $5,363 expenses = $2,955 out of pocket

Income$2,408Out of Pocket$2,955Mortgage P&I$3,122130%Property Taxes$87236%Insurance$2149%Management$36115%CapEx$964%Maintenance$964%Other$60225%

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

$2,408

Total Expenses

$5,363

Mortgage P&I

130%

$3,122

Property Taxes

36%

$872

Home Insurance

9%

$214

HOA

0%

$0

Property Management

15%

$361

CapEx

4%

$96

Vacancy

0%

$0

Maintenance

4%

$96

Other

25%

$602

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