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75 Winans Ave, Newark, NJ 07108

3 beds • 1 baths • sqft

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This property looks like a bad Airbnb investment with a projected -10.37% first-year return on $99,102 initial cash invested.

-10.37%

Cash On Cash

3.7%

Cap Rate

0.63

DSCR

$3,546

Rent

-$856

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,102

Downpayment

20%

$77,240

Closing costs

1%

$3,862

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,546

Total Expenses

$4,402

Mortgage P&I

54%

$1,906

Property Taxes

19%

$668

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$532

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$886

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