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507 Cushman Ave, Williamstown, NJ 08094

3 beds • 2 baths • 1600 sqft

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This property might be a fair Airbnb investment with a projected 6.84% first-year return on $41,079 initial cash invested.

6.84%

Cash On Cash

9.76%

Cap Rate

1.6

DSCR

$2,561

Rent

$234

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,561 income − $2,327 expenses = $234 cash flow

Income$2,561Mortgage P&I$55822%Property Taxes$45018%Insurance$381%HOA$532%Management$38415%CapEx$1024%Maintenance$1024%Other$64025%Cash Flow$234

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,079

Downpayment

20%

$21,980

Closing costs

1%

$1,099

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,561

Total Expenses

$2,327

Mortgage P&I

22%

$558

Property Taxes

18%

$450

Home Insurance

1%

$38

HOA

2%

$53

Property Management

15%

$384

CapEx

4%

$102

Vacancy

0%

$0

Maintenance

4%

$102

Other

25%

$640

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