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308 Village Way, Brick, NJ 08724

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -23.39% first-year return on $137k initial cash invested.

-23.39%

Cash On Cash

0.52%

Cap Rate

0.09

DSCR

$2,055

Rent

-$2,680

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,055 income − $4,735 expenses = $2,680 out of pocket

Income$2,055Out of Pocket$2,680Mortgage P&I$2,844138%Property Taxes$70634%Insurance$19910%Management$30815%CapEx$824%Maintenance$824%Other$51425%

Investment Breakdown

|

Purchase Price

$569k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$137k

Downpayment

20%

$114k

Closing costs

1%

$5,690

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,055

Total Expenses

$4,735

Mortgage P&I

138%

$2,844

Property Taxes

34%

$706

Home Insurance

10%

$199

HOA

0%

$0

Property Management

15%

$308

CapEx

4%

$82

Vacancy

0%

$0

Maintenance

4%

$82

Other

25%

$514

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