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3239 Meadow Street, Toms River, NJ 08753

3 beds • 3 baths • 2720 sqft

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This property looks like a bad Airbnb investment with a projected -23.58% first-year return on $144k initial cash invested.

-23.58%

Cash On Cash

0.51%

Cap Rate

0.09

DSCR

$2,159

Rent

-$2,825

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,159 income − $4,984 expenses = $2,825 out of pocket

Income$2,159Out of Pocket$2,825Mortgage P&I$2,994139%Property Taxes$74434%Insurance$21010%Management$32415%CapEx$864%Maintenance$864%Other$54025%

Investment Breakdown

|

Purchase Price

$599k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,990

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,159

Total Expenses

$4,984

Mortgage P&I

139%

$2,994

Property Taxes

34%

$744

Home Insurance

10%

$210

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$540

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