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3 Monmouth Avenue, Middletown, NJ 07748

3 beds • 2 baths • 1215 sqft

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This property looks like a bad Airbnb investment with a projected -8.73% first-year return on $112k initial cash invested.

-8.73%

Cash On Cash

4.09%

Cap Rate

0.7

DSCR

$3,926

Rent

-$818

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,926 income − $4,744 expenses = $818 out of pocket

Income$3,926Out of Pocket$818Mortgage P&I$2,19256%Property Taxes$51013%Insurance$1574%Management$58915%CapEx$1574%Maintenance$1574%Other$98225%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,920

Closing costs

1%

$4,496

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,926

Total Expenses

$4,744

Mortgage P&I

56%

$2,192

Property Taxes

13%

$510

Home Insurance

4%

$157

HOA

0%

$0

Property Management

15%

$589

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$982

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