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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 -16.59% first-year return on $144k initial cash invested.

-16.59%

Cash On Cash

2.28%

Cap Rate

0.38

DSCR

$2,715

Rent

-$1,990

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,715 income − $4,705 expenses = $1,990 out of pocket

Income$2,715Out of Pocket$1,990Mortgage P&I$3,022111%Property Taxes$1696%Insurance$2108%Management$40715%CapEx$1094%Maintenance$1094%Other$67925%

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

$2,715

Total Expenses

$4,705

Mortgage P&I

111%

$3,022

Property Taxes

6%

$169

Home Insurance

8%

$210

HOA

0%

$0

Property Management

15%

$407

CapEx

4%

$109

Vacancy

0%

$0

Maintenance

4%

$109

Other

25%

$679

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