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743 Millbrook Road, Brick, NJ 08724

3 beds • 2 baths • 2142 sqft

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This property looks like a bad Airbnb investment with a projected -24.08% first-year return on $179k initial cash invested.

-24.08%

Cash On Cash

0.66%

Cap Rate

0.11

DSCR

$2,641

Rent

-$3,588

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,641 income − $6,229 expenses = $3,588 out of pocket

Income$2,641Out of Pocket$3,588Mortgage P&I$3,905148%Property Taxes$78130%Insurance$27510%Management$39615%CapEx$1064%Maintenance$1064%Other$66025%

Investment Breakdown

|

Purchase Price

$766k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$179k

Downpayment

20%

$153k

Closing costs

1%

$7,658

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,641

Total Expenses

$6,229

Mortgage P&I

148%

$3,905

Property Taxes

30%

$781

Home Insurance

10%

$275

HOA

0%

$0

Property Management

15%

$396

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$660

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