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38 Hinsdale Pl, Newark, NJ 07104

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -10.33% first-year return on $123k initial cash invested.

-10.33%

Cash On Cash

3.79%

Cap Rate

0.64

DSCR

$4,270

Rent

-$1,059

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$500k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$99,998

Closing costs

1%

$5,000

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,270

Total Expenses

$5,329

Mortgage P&I

58%

$2,468

Property Taxes

15%

$636

Home Insurance

4%

$175

HOA

0%

$0

Property Management

15%

$640

CapEx

4%

$171

Vacancy

0%

$0

Maintenance

4%

$171

Other

25%

$1,068

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Comparable Property

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ADR

Beds

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2

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5

4

0.6 mi

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$1,100

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2

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$2,850

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