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7 Eagle Ridge Circle, Lakewood, NJ 08701

3 beds • 2 baths • 1810 sqft

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This property looks like a bad Airbnb investment with a projected -28.65% first-year return on $148k initial cash invested.

-28.65%

Cash On Cash

-0.75%

Cap Rate

-0.12

DSCR

$1,323

Rent

-$3,540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,323 income − $4,863 expenses = $3,540 out of pocket

Income$1,323Out of Pocket$3,540Mortgage P&I$3,101234%Property Taxes$65850%Insurance$21917%HOA$25019%Management$19815%CapEx$534%Maintenance$534%Other$33125%

Investment Breakdown

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Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,204

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,323

Total Expenses

$4,863

Mortgage P&I

234%

$3,101

Property Taxes

50%

$658

Home Insurance

17%

$219

HOA

19%

$250

Property Management

15%

$198

CapEx

4%

$53

Vacancy

0%

$0

Maintenance

4%

$53

Other

25%

$331

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