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317 Alfred Ave, Glassboro, NJ 08028

3 beds • 3 baths • 1743 sqft

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This property looks like a bad Airbnb investment with a projected -6.75% first-year return on $99,039 initial cash invested.

-6.75%

Cash On Cash

4.9%

Cap Rate

0.8

DSCR

$4,116

Rent

-$557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,116 income − $4,673 expenses = $557 out of pocket

Income$4,116Out of Pocket$557Mortgage P&I$1,96848%Property Taxes$59915%Insurance$1303%Management$61715%CapEx$1654%Maintenance$1654%Other$1,02925%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,039

Downpayment

20%

$77,180

Closing costs

1%

$3,859

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,116

Total Expenses

$4,673

Mortgage P&I

48%

$1,968

Property Taxes

15%

$599

Home Insurance

3%

$130

HOA

0%

$0

Property Management

15%

$617

CapEx

4%

$165

Vacancy

0%

$0

Maintenance

4%

$165

Other

25%

$1,029

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