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42 Scenic Dr, Andover, NJ 07821

3 beds • 2 baths • 1756 sqft

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This property looks like a bad Airbnb investment with a projected -15.85% first-year return on $128k initial cash invested.

-15.85%

Cash On Cash

2.41%

Cap Rate

0.41

DSCR

$3,639

Rent

-$1,687

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$522k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$104k

Closing costs

1%

$5,224

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,639

Total Expenses

$5,326

Mortgage P&I

71%

$2,592

Property Taxes

22%

$804

Home Insurance

5%

$182

HOA

0%

$0

Property Management

15%

$546

CapEx

4%

$146

Vacancy

0%

$0

Maintenance

4%

$146

Other

25%

$910

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