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405 17th Avenue, Brick, NJ 08724

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -20.01% first-year return on $144k initial cash invested.

-20.01%

Cash On Cash

1.4%

Cap Rate

0.23

DSCR

$1,924

Rent

-$2,401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,924 income − $4,325 expenses = $2,401 out of pocket

Income$1,924Out of Pocket$2,401Mortgage P&I$3,022157%Property Taxes$1699%Insurance$21011%Management$28915%CapEx$774%Maintenance$774%Other$48125%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,999

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,924

Total Expenses

$4,325

Mortgage P&I

157%

$3,022

Property Taxes

9%

$169

Home Insurance

11%

$210

HOA

0%

$0

Property Management

15%

$289

CapEx

4%

$77

Vacancy

0%

$0

Maintenance

4%

$77

Other

25%

$481

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