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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 -17.87% first-year return on $137k initial cash invested.

-17.87%

Cash On Cash

1.81%

Cap Rate

0.31

DSCR

$3,636

Rent

-$2,043

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,636 income − $5,679 expenses = $2,043 out of pocket

Income$3,636Out of Pocket$2,043Mortgage P&I$2,75676%Property Taxes$92926%Insurance$2507%Management$54515%CapEx$1454%Maintenance$1454%Other$90925%

Investment Breakdown

|

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

$3,636

Total Expenses

$5,679

Mortgage P&I

76%

$2,756

Property Taxes

26%

$929

Home Insurance

7%

$250

HOA

0%

$0

Property Management

15%

$545

CapEx

4%

$145

Vacancy

0%

$0

Maintenance

4%

$145

Other

25%

$909

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