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438 Lock Ave, Gibbstown, NJ 08027

3 beds • 2 baths • 1332 sqft

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This property looks like a bad Airbnb investment with a projected -14.88% first-year return on $88,497 initial cash invested.

-14.88%

Cash On Cash

2.25%

Cap Rate

0.38

DSCR

$2,157

Rent

-$1,097

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$336k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,497

Downpayment

20%

$67,140

Closing costs

1%

$3,357

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,157

Total Expenses

$3,254

Mortgage P&I

76%

$1,640

Property Taxes

21%

$463

Home Insurance

5%

$116

HOA

0%

$0

Property Management

15%

$324

CapEx

4%

$86

Vacancy

0%

$0

Maintenance

4%

$86

Other

25%

$539

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