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29 Air Castle Isle, Andover, NJ 07821

3 beds • 3 baths • 3404 sqft

$1,445,500

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This property looks like a bad Airbnb investment with a projected -29.28% first-year return on $322k initial cash invested.

-29.28%

Cash On Cash

-0.33%

Cap Rate

-0.06

DSCR

$5,486

Rent

-$7,847

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1446k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$322k

Downpayment

20%

$289k

Closing costs

1%

$14,455

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,486

Total Expenses

$13,333

Mortgage P&I

132%

$7,230

Property Taxes

44%

$2,420

Home Insurance

19%

$1,050

HOA

0%

$0

Property Management

15%

$823

CapEx

4%

$219

Vacancy

0%

$0

Maintenance

4%

$219

Other

25%

$1,372

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