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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 -21.4% first-year return on $152k initial cash invested.

-21.4%

Cash On Cash

1.04%

Cap Rate

0.18

DSCR

$3,377

Rent

-$2,704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

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

$3,377

Total Expenses

$6,081

Mortgage P&I

92%

$3,119

Property Taxes

33%

$1,107

Home Insurance

7%

$234

HOA

0%

$0

Property Management

15%

$507

CapEx

4%

$135

Vacancy

0%

$0

Maintenance

4%

$135

Other

25%

$844

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