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308 Forsgate Dr, Monroe Township, NJ 08831

3 beds • 2 baths • 2389 sqft

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This property looks like a bad Airbnb investment with a projected -12.75% first-year return on $137k initial cash invested.

-12.75%

Cash On Cash

3.15%

Cap Rate

0.54

DSCR

$4,761

Rent

-$1,458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$568k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,676

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,761

Total Expenses

$6,219

Mortgage P&I

58%

$2,756

Property Taxes

20%

$929

Home Insurance

5%

$250

HOA

0%

$0

Property Management

15%

$714

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,190

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