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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 -28.79% first-year return on $148k initial cash invested.

-28.79%

Cash On Cash

-0.78%

Cap Rate

-0.13

DSCR

$1,292

Rent

-$3,557

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,292 income − $4,849 expenses = $3,557 out of pocket

Income$1,292Out of Pocket$3,557Mortgage P&I$3,101240%Property Taxes$65851%Insurance$21917%HOA$25019%Management$19415%CapEx$524%Maintenance$524%Other$32325%

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

$1,292

Total Expenses

$4,849

Mortgage P&I

240%

$3,101

Property Taxes

51%

$658

Home Insurance

17%

$219

HOA

19%

$250

Property Management

15%

$194

CapEx

4%

$52

Vacancy

0%

$0

Maintenance

4%

$52

Other

25%

$323

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