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320 Ridge Rd, Browns Mills, NJ 08015

3 beds • 2 baths • 1344 sqft

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This property looks like a bad Airbnb investment with a projected -12.27% first-year return on $99,375 initial cash invested.

-12.27%

Cash On Cash

3.3%

Cap Rate

0.54

DSCR

$3,053

Rent

-$1,016

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,053 income − $4,069 expenses = $1,016 out of pocket

Income$3,053Out of Pocket$1,016Mortgage P&I$1,95964%Property Taxes$50917%Insurance$1364%Management$45815%CapEx$1224%Maintenance$1224%Other$76325%

Investment Breakdown

|

Purchase Price

$388k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,375

Downpayment

20%

$77,500

Closing costs

1%

$3,875

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,053

Total Expenses

$4,069

Mortgage P&I

64%

$1,959

Property Taxes

17%

$509

Home Insurance

4%

$136

HOA

0%

$0

Property Management

15%

$458

CapEx

4%

$122

Vacancy

0%

$0

Maintenance

4%

$122

Other

25%

$763

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