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6515 Rundle Ave, Mays Landing, NJ 08330

3 beds • 2 baths • 1719 sqft

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This property looks like a bad Airbnb investment with a projected -12.55% first-year return on $101k initial cash invested.

-12.55%

Cash On Cash

3.14%

Cap Rate

0.53

DSCR

$3,014

Rent

-$1,055

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,014 income − $4,069 expenses = $1,055 out of pocket

Income$3,014Out of Pocket$1,055Mortgage P&I$1,96765%Property Taxes$51417%Insurance$1405%Management$45215%CapEx$1214%Maintenance$1214%Other$75425%

Investment Breakdown

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Purchase Price

$395k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$78,920

Closing costs

1%

$3,946

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,014

Total Expenses

$4,069

Mortgage P&I

65%

$1,967

Property Taxes

17%

$514

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$452

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$754

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