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44 Korwel Cir, West Orange, NJ 07052

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -19.29% first-year return on $176k initial cash invested.

-19.29%

Cash On Cash

1.72%

Cap Rate

0.29

DSCR

$4,743

Rent

-$2,821

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,743 income − $7,564 expenses = $2,821 out of pocket

Income$4,743Out of Pocket$2,821Mortgage P&I$3,70778%Property Taxes$1,31828%Insurance$2626%Management$71115%CapEx$1904%Maintenance$1904%Other$1,18625%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$176k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,743

Total Expenses

$7,564

Mortgage P&I

78%

$3,707

Property Taxes

28%

$1,318

Home Insurance

6%

$262

HOA

0%

$0

Property Management

15%

$711

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,186

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