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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 -14.62% first-year return on $101k initial cash invested.

-14.62%

Cash On Cash

2.57%

Cap Rate

0.43

DSCR

$2,676

Rent

-$1,229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,676 income − $3,905 expenses = $1,229 out of pocket

Income$2,676Out of Pocket$1,229Mortgage P&I$1,96774%Property Taxes$51419%Insurance$1405%Management$40115%CapEx$1074%Maintenance$1074%Other$66925%

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

$2,676

Total Expenses

$3,905

Mortgage P&I

74%

$1,967

Property Taxes

19%

$514

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$401

CapEx

4%

$107

Vacancy

0%

$0

Maintenance

4%

$107

Other

25%

$669

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