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3 Darwin Rd, Somerset, NJ 08873

3 beds • 3 baths • 1434 sqft

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This property looks like a bad Airbnb investment with a projected -19.1% first-year return on $144k initial cash invested.

-19.1%

Cash On Cash

1.65%

Cap Rate

0.28

DSCR

$3,205

Rent

-$2,293

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,205 income − $5,498 expenses = $2,293 out of pocket

Income$3,205Out of Pocket$2,293Mortgage P&I$2,98993%Property Taxes$80625%Insurance$1655%Management$48115%CapEx$1284%Maintenance$1284%Other$80125%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$6,003

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,205

Total Expenses

$5,498

Mortgage P&I

93%

$2,989

Property Taxes

25%

$806

Home Insurance

5%

$165

HOA

0%

$0

Property Management

15%

$481

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$801

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