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8-10 Lessing Rd, West Orange, NJ 07052

3 beds • 3 baths • sqft

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This property looks like a bad Airbnb investment with a projected -23.74% first-year return on $227k initial cash invested.

-23.74%

Cash On Cash

0.59%

Cap Rate

0.1

DSCR

$4,611

Rent

-$4,492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$996k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$227k

Downpayment

20%

$199k

Closing costs

1%

$9,957

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,611

Total Expenses

$9,103

Mortgage P&I

104%

$4,795

Property Taxes

39%

$1,815

Home Insurance

6%

$280

HOA

0%

$0

Property Management

15%

$692

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,153

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