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613 Ashland Ave, Mays Landing, NJ 08330

3 beds • 2 baths • sqft

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This property looks like a bad Airbnb investment with a projected -9.83% first-year return on $101k initial cash invested.

-9.83%

Cash On Cash

4.05%

Cap Rate

0.66

DSCR

$3,589

Rent

-$831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,589 income − $4,420 expenses = $831 out of pocket

Income$3,589Out of Pocket$831Mortgage P&I$2,02857%Property Taxes$52915%Insurance$1404%Management$53815%CapEx$1444%Maintenance$1444%Other$89725%

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,480

Closing costs

1%

$3,974

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,589

Total Expenses

$4,420

Mortgage P&I

57%

$2,028

Property Taxes

15%

$529

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$538

CapEx

4%

$144

Vacancy

0%

$0

Maintenance

4%

$144

Other

25%

$897

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