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351 Merrick Rd, Trenton, NJ 08691

3 beds • 3 baths • 2216 sqft

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This property looks like a bad Airbnb investment with a projected -21.48% first-year return on $152k initial cash invested.

-21.48%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$3,355

Rent

-$2,715

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,355 income − $6,070 expenses = $2,715 out of pocket

Income$3,355Out of Pocket$2,715Mortgage P&I$3,11993%Property Taxes$1,10733%Insurance$2347%Management$50315%CapEx$1344%Maintenance$1344%Other$83925%

Investment Breakdown

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Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$152k

Downpayment

20%

$127k

Closing costs

1%

$6,364

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,355

Total Expenses

$6,070

Mortgage P&I

93%

$3,119

Property Taxes

33%

$1,107

Home Insurance

7%

$234

HOA

0%

$0

Property Management

15%

$503

CapEx

4%

$134

Vacancy

0%

$0

Maintenance

4%

$134

Other

25%

$839

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