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358 S Middlebush Rd, Somerset, NJ 08873

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -21.65% first-year return on $180k initial cash invested.

-21.65%

Cash On Cash

0.94%

Cap Rate

0.16

DSCR

$3,427

Rent

-$3,255

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,427 income − $6,682 expenses = $3,255 out of pocket

Income$3,427Out of Pocket$3,255Mortgage P&I$3,727109%Property Taxes$1,03930%Insurance$2718%Management$51415%CapEx$1374%Maintenance$1374%Other$85725%

Investment Breakdown

|

Purchase Price

$773k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$180k

Downpayment

20%

$155k

Closing costs

1%

$7,734

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,427

Total Expenses

$6,682

Mortgage P&I

109%

$3,727

Property Taxes

30%

$1,039

Home Insurance

8%

$271

HOA

0%

$0

Property Management

15%

$514

CapEx

4%

$137

Vacancy

0%

$0

Maintenance

4%

$137

Other

25%

$857

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