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3 Bellevue Ave, Bloomfield, NJ 07003

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -22.72% first-year return on $195k initial cash invested.

-22.72%

Cash On Cash

0.75%

Cap Rate

0.13

DSCR

$3,527

Rent

-$3,687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,527 income − $7,214 expenses = $3,687 out of pocket

Income$3,527Out of Pocket$3,687Mortgage P&I$4,070115%Property Taxes$1,19734%Insurance$2547%Management$52915%CapEx$1414%Maintenance$1414%Other$88225%

Investment Breakdown

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Purchase Price

$842k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$195k

Downpayment

20%

$168k

Closing costs

1%

$8,416

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,527

Total Expenses

$7,214

Mortgage P&I

115%

$4,070

Property Taxes

34%

$1,197

Home Insurance

7%

$254

HOA

0%

$0

Property Management

15%

$529

CapEx

4%

$141

Vacancy

0%

$0

Maintenance

4%

$141

Other

25%

$882

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