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54 College St, Jersey City, NJ 07305

4 beds • 3 baths • sqft • 2 units

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This property looks like a bad Airbnb investment with a projected -17.15% first-year return on $183k initial cash invested.

-17.15%

Cash On Cash

2.14%

Cap Rate

0.35

DSCR

$3,952

Rent

-$2,609

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,952 income − $6,561 expenses = $2,609 out of pocket

Income$3,952Out of Pocket$2,609Mortgage P&I$3,79896%Property Taxes$60415%Insurance$2627%Management$59315%CapEx$1584%Maintenance$1584%Other$98825%

Investment Breakdown

|

Purchase Price

$755k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$183k

Downpayment

20%

$151k

Closing costs

1%

$7,552

Rehab

0%

$0

Furnishing

3%

$24,000

Cashflow

Total Income

$3,952

Total Expenses

$6,561

Mortgage P&I

96%

$3,798

Property Taxes

15%

$604

Home Insurance

7%

$262

HOA

0%

$0

Property Management

15%

$593

CapEx

4%

$158

Vacancy

0%

$0

Maintenance

4%

$158

Other

25%

$988

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