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49 Morton Ave, Monroe Township, NJ 08831

3 beds • 3 baths • 1970 sqft

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This property looks like a bad Airbnb investment with a projected -19.45% first-year return on $144k initial cash invested.

-19.45%

Cash On Cash

1.38%

Cap Rate

0.24

DSCR

$3,227

Rent

-$2,333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,227 income − $5,560 expenses = $2,333 out of pocket

Income$3,227Out of Pocket$2,333Mortgage P&I$2,89690%Property Taxes$90528%Insurance$2107%Management$48415%CapEx$1294%Maintenance$1294%Other$80725%

Investment Breakdown

|

Purchase Price

$600k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$120k

Closing costs

1%

$5,997

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,227

Total Expenses

$5,560

Mortgage P&I

90%

$2,896

Property Taxes

28%

$905

Home Insurance

7%

$210

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$807

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