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429 E Shore Trl, Sparta, NJ 07871

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -26.38% first-year return on $173k initial cash invested.

-26.38%

Cash On Cash

0.14%

Cap Rate

0.02

DSCR

$3,154

Rent

-$3,804

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,154 income − $6,958 expenses = $3,804 out of pocket

Income$3,154Out of Pocket$3,804Mortgage P&I$3,765119%Property Taxes$1,16437%Insurance$2558%HOA$2618%Management$47315%CapEx$1264%Maintenance$1264%Other$78825%

Investment Breakdown

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Purchase Price

$738k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,384

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,154

Total Expenses

$6,958

Mortgage P&I

119%

$3,765

Property Taxes

37%

$1,164

Home Insurance

8%

$255

HOA

8%

$261

Property Management

15%

$473

CapEx

4%

$126

Vacancy

0%

$0

Maintenance

4%

$126

Other

25%

$788

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