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481 Admiral Road, Forked River, NJ 08731

3 beds • 2 baths • 1618 sqft

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This property looks like a bad Airbnb investment with a projected -14.58% first-year return on $131k initial cash invested.

-14.58%

Cash On Cash

2.75%

Cap Rate

0.46

DSCR

$3,564

Rent

-$1,589

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,564 income − $5,153 expenses = $1,589 out of pocket

Income$3,564Out of Pocket$1,589Mortgage P&I$2,67775%Property Taxes$57516%Insurance$1895%Management$53515%CapEx$1434%Maintenance$1434%Other$89125%

Investment Breakdown

|

Purchase Price

$537k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$107k

Closing costs

1%

$5,369

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,564

Total Expenses

$5,153

Mortgage P&I

75%

$2,677

Property Taxes

16%

$575

Home Insurance

5%

$189

HOA

0%

$0

Property Management

15%

$535

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$891

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