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47 Greensprings Drive, Lakewood, NJ 08701

3 beds • 2 baths • 2042 sqft

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This property looks like a bad Airbnb investment with a projected -26.89% first-year return on $132k initial cash invested.

-26.89%

Cash On Cash

-0.25%

Cap Rate

-0.04

DSCR

$1,790

Rent

-$2,967

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,790 income − $4,757 expenses = $2,967 out of pocket

Income$1,790Out of Pocket$2,967Mortgage P&I$2,782155%Property Taxes$61534%Insurance$19211%HOA$30817%Management$26815%CapEx$724%Maintenance$724%Other$44825%

Investment Breakdown

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Purchase Price

$545k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$132k

Downpayment

20%

$109k

Closing costs

1%

$5,449

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,790

Total Expenses

$4,757

Mortgage P&I

155%

$2,782

Property Taxes

34%

$615

Home Insurance

11%

$192

HOA

17%

$308

Property Management

15%

$268

CapEx

4%

$72

Vacancy

0%

$0

Maintenance

4%

$72

Other

25%

$448

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