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317 Elbo Ln, Mount Laurel, NJ 08054

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Airbnb investment with a projected -14.5% first-year return on $103k initial cash invested.

-14.5%

Cash On Cash

3.28%

Cap Rate

0.5

DSCR

$3,357

Rent

-$1,246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,357 income − $4,603 expenses = $1,246 out of pocket

Income$3,357Out of Pocket$1,246Mortgage P&I$2,22066%Property Taxes$63219%Insurance$1404%Management$50415%CapEx$1344%Maintenance$1344%Other$83925%

Investment Breakdown

|

Purchase Price

$405k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$81,060

Closing costs

1%

$4,053

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,357

Total Expenses

$4,603

Mortgage P&I

66%

$2,220

Property Taxes

19%

$632

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$504

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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