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64 High St, Metuchen, NJ 08840

3 beds • 2 baths • 2328 sqft

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This property looks like a bad Airbnb investment with a projected -27.89% first-year return on $217k initial cash invested.

-27.89%

Cash On Cash

-0.13%

Cap Rate

-0.02

DSCR

$2,831

Rent

-$5,051

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,831 income − $7,882 expenses = $5,051 out of pocket

Income$2,831Out of Pocket$5,051Mortgage P&I$4,839171%Property Taxes$1,35248%Insurance$33212%Management$42515%CapEx$1134%Maintenance$1134%Other$70825%

Investment Breakdown

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Purchase Price

$949k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$217k

Downpayment

20%

$190k

Closing costs

1%

$9,490

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,831

Total Expenses

$7,882

Mortgage P&I

171%

$4,839

Property Taxes

48%

$1,352

Home Insurance

12%

$332

HOA

0%

$0

Property Management

15%

$425

CapEx

4%

$113

Vacancy

0%

$0

Maintenance

4%

$113

Other

25%

$708

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