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500 Driscol Drive, Brick, NJ 08724

3 beds • 3 baths • 1780 sqft

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This property looks like a bad Airbnb investment with a projected -18.26% first-year return on $142k initial cash invested.

-18.26%

Cash On Cash

1.75%

Cap Rate

0.3

DSCR

$2,978

Rent

-$2,155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$589k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$142k

Downpayment

20%

$118k

Closing costs

1%

$5,885

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,978

Total Expenses

$5,133

Mortgage P&I

97%

$2,896

Property Taxes

20%

$603

Home Insurance

7%

$205

HOA

0%

$0

Property Management

15%

$447

CapEx

4%

$119

Vacancy

0%

$0

Maintenance

4%

$119

Other

25%

$744

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