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75 Knight Ave, Runnemede, NJ 08078

3 beds • 2 baths • 1495 sqft

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This property looks like a bad Airbnb investment with a projected -9.01% first-year return on $96,981 initial cash invested.

-9.01%

Cash On Cash

4.23%

Cap Rate

0.7

DSCR

$3,810

Rent

-$728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,810 income − $4,538 expenses = $728 out of pocket

Income$3,810Out of Pocket$728Mortgage P&I$1,90250%Property Taxes$67518%Insurance$1333%Management$57215%CapEx$1524%Maintenance$1524%Other$95225%

Investment Breakdown

|

Purchase Price

$376k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,981

Downpayment

20%

$75,220

Closing costs

1%

$3,761

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,810

Total Expenses

$4,538

Mortgage P&I

50%

$1,902

Property Taxes

18%

$675

Home Insurance

3%

$133

HOA

0%

$0

Property Management

15%

$572

CapEx

4%

$152

Vacancy

0%

$0

Maintenance

4%

$152

Other

25%

$952

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