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62-64 Shephard Ave, Newark, NJ 07112

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -18.03% first-year return on $143k initial cash invested.

-18.03%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$3,211

Rent

-$2,147

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,211 income − $5,358 expenses = $2,147 out of pocket

Income$3,211Out of Pocket$2,147Mortgage P&I$2,94692%Property Taxes$66821%Insurance$2036%Management$48215%CapEx$1284%Maintenance$1284%Other$80325%

Investment Breakdown

|

Purchase Price

$595k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,948

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,211

Total Expenses

$5,358

Mortgage P&I

92%

$2,946

Property Taxes

21%

$668

Home Insurance

6%

$203

HOA

0%

$0

Property Management

15%

$482

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$803

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