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58 Cove Road, Toms River, NJ 08753

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -15.45% first-year return on $212k initial cash invested.

-15.45%

Cash On Cash

2.55%

Cap Rate

0.43

DSCR

$4,180

Rent

-$2,732

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$925k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$212k

Downpayment

20%

$185k

Closing costs

1%

$9,250

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,180

Total Expenses

$6,912

Mortgage P&I

108%

$4,533

Property Taxes

1%

$49

Home Insurance

8%

$324

HOA

0%

$0

Property Management

15%

$627

CapEx

4%

$167

Vacancy

0%

$0

Maintenance

4%

$167

Other

25%

$1,045

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