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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 -27.24% first-year return on $132k initial cash invested.

-27.24%

Cash On Cash

-0.34%

Cap Rate

-0.06

DSCR

$1,712

Rent

-$3,006

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,712 income − $4,718 expenses = $3,006 out of pocket

Income$1,712Out of Pocket$3,006Mortgage P&I$2,782163%Property Taxes$61536%Insurance$19211%HOA$30818%Management$25715%CapEx$684%Maintenance$684%Other$42825%

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

$1,712

Total Expenses

$4,718

Mortgage P&I

163%

$2,782

Property Taxes

36%

$615

Home Insurance

11%

$192

HOA

18%

$308

Property Management

15%

$257

CapEx

4%

$68

Vacancy

0%

$0

Maintenance

4%

$68

Other

25%

$428

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