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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 -12.43% first-year return on $101k initial cash invested.

-12.43%

Cash On Cash

3.17%

Cap Rate

0.53

DSCR

$3,030

Rent

-$1,045

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,030 income − $4,075 expenses = $1,045 out of pocket

Income$3,030Out of Pocket$1,045Mortgage P&I$1,96765%Property Taxes$51417%Insurance$1405%Management$45415%CapEx$1214%Maintenance$1214%Other$75825%

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

$3,030

Total Expenses

$4,075

Mortgage P&I

65%

$1,967

Property Taxes

17%

$514

Home Insurance

5%

$140

HOA

0%

$0

Property Management

15%

$454

CapEx

4%

$121

Vacancy

0%

$0

Maintenance

4%

$121

Other

25%

$758

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