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4 Otter Cir, Barnegat, NJ 08005

3 beds • 2 baths • 1730 sqft

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This property looks like a bad Airbnb investment with a projected -24.07% first-year return on $158k initial cash invested.

-24.07%

Cash On Cash

0.59%

Cap Rate

0.1

DSCR

$2,474

Rent

-$3,165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,474 income − $5,639 expenses = $3,165 out of pocket

Income$2,474Out of Pocket$3,165Mortgage P&I$3,393137%Property Taxes$63126%Insurance$23810%HOA$1908%Management$37115%CapEx$994%Maintenance$994%Other$61825%

Investment Breakdown

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Purchase Price

$666k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$133k

Closing costs

1%

$6,658

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,474

Total Expenses

$5,639

Mortgage P&I

137%

$3,393

Property Taxes

26%

$631

Home Insurance

10%

$238

HOA

8%

$190

Property Management

15%

$371

CapEx

4%

$99

Vacancy

0%

$0

Maintenance

4%

$99

Other

25%

$618

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