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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 -10.73% first-year return on $101k initial cash invested.

-10.73%

Cash On Cash

3.8%

Cap Rate

0.62

DSCR

$3,443

Rent

-$907

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,443 income − $4,350 expenses = $907 out of pocket

Income$3,443Out of Pocket$907Mortgage P&I$2,02859%Property Taxes$52915%Insurance$1404%Management$51615%CapEx$1384%Maintenance$1384%Other$86125%

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

$3,443

Total Expenses

$4,350

Mortgage P&I

59%

$2,028

Property Taxes

15%

$529

Home Insurance

4%

$140

HOA

0%

$0

Property Management

15%

$516

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$861

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