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690 New Durham Rd, Metuchen, NJ 08840

3 beds • 2 baths • 0 sqft

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This property looks like a bad Airbnb investment with a projected -32.53% first-year return on $140k initial cash invested.

-32.53%

Cash On Cash

-1.06%

Cap Rate

-0.16

DSCR

$2,327

Rent

-$3,797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,327 income − $6,124 expenses = $3,797 out of pocket

Income$2,327Out of Pocket$3,797Mortgage P&I$3,192137%Property Taxes$1,54266%Insurance$27312%Management$34915%CapEx$934%Maintenance$934%Other$58225%

Investment Breakdown

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Purchase Price

$581k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,813

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,327

Total Expenses

$6,124

Mortgage P&I

137%

$3,192

Property Taxes

66%

$1,542

Home Insurance

12%

$273

HOA

0%

$0

Property Management

15%

$349

CapEx

4%

$93

Vacancy

0%

$0

Maintenance

4%

$93

Other

25%

$582

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