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66 2nd St, Marlton, NJ 08053

3 beds • 3 baths • 2206 sqft

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This property looks like a bad Airbnb investment with a projected -14.62% first-year return on $120k initial cash invested.

-14.62%

Cash On Cash

2.89%

Cap Rate

0.47

DSCR

$3,482

Rent

-$1,459

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,482 income − $4,941 expenses = $1,459 out of pocket

Income$3,482Out of Pocket$1,459Mortgage P&I$2,48571%Property Taxes$64218%Insurance$1444%Management$52215%CapEx$1394%Maintenance$1394%Other$87025%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$120k

Downpayment

20%

$96,900

Closing costs

1%

$4,845

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,482

Total Expenses

$4,941

Mortgage P&I

71%

$2,485

Property Taxes

18%

$642

Home Insurance

4%

$144

HOA

0%

$0

Property Management

15%

$522

CapEx

4%

$139

Vacancy

0%

$0

Maintenance

4%

$139

Other

25%

$870

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