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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 -28.3% first-year return on $148k initial cash invested.

-28.3%

Cash On Cash

-0.66%

Cap Rate

-0.11

DSCR

$1,406

Rent

-$3,497

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,406 income − $4,903 expenses = $3,497 out of pocket

Income$1,406Out of Pocket$3,497Mortgage P&I$3,101221%Property Taxes$65847%Insurance$21916%HOA$25018%Management$21115%CapEx$564%Maintenance$564%Other$35225%

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

$1,406

Total Expenses

$4,903

Mortgage P&I

221%

$3,101

Property Taxes

47%

$658

Home Insurance

16%

$219

HOA

18%

$250

Property Management

15%

$211

CapEx

4%

$56

Vacancy

0%

$0

Maintenance

4%

$56

Other

25%

$352

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