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54-60 Mcwhorter St Unit 105 #105, Newark, NJ 07105

1 beds • 2 baths • 808 sqft

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This property looks like a bad Airbnb investment with a projected -16.55% first-year return on $78,450 initial cash invested.

-16.55%

Cash On Cash

2.54%

Cap Rate

0.43

DSCR

$2,743

Rent

-$1,082

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$345k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,450

Downpayment

20%

$69,000

Closing costs

1%

$3,450

Rehab

0%

$0

Furnishing

2%

$6,000

Cashflow

Total Income

$2,743

Total Expenses

$3,825

Mortgage P&I

62%

$1,703

Property Taxes

14%

$384

Home Insurance

4%

$121

HOA

11%

$300

Property Management

15%

$411

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$686

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