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54 Cedar Island Drive, Brick, NJ 08723

4 beds • 3 baths • 3720 sqft

$1,955,600

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This property looks like a bad Airbnb investment with a projected -27.6% first-year return on $435k initial cash invested.

-27.6%

Cash On Cash

-0.02%

Cap Rate

0

DSCR

$4,494

Rent

-$9,999

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1956k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$435k

Downpayment

20%

$391k

Closing costs

1%

$19,556

Rehab

0%

$0

Furnishing

1%

$24,000

Cashflow

Total Income

$4,494

Total Expenses

$14,493

Mortgage P&I

218%

$9,782

Property Taxes

41%

$1,853

Home Insurance

16%

$700

HOA

0%

$0

Property Management

15%

$674

CapEx

4%

$180

Vacancy

0%

$0

Maintenance

4%

$180

Other

25%

$1,124

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