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376 Armstrong Ave, Jersey City, NJ 07305

2 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -20.73% first-year return on $146k initial cash invested.

-20.73%

Cash On Cash

1.49%

Cap Rate

0.25

DSCR

$2,664

Rent

-$2,515

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$636k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$146k

Downpayment

20%

$127k

Closing costs

1%

$6,361

Rehab

0%

$0

Furnishing

2%

$12,000

Cashflow

Total Income

$2,664

Total Expenses

$5,179

Mortgage P&I

120%

$3,197

Property Taxes

18%

$482

Home Insurance

8%

$220

HOA

0%

$0

Property Management

15%

$400

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$666

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