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8 Growney St, Edison, NJ 08817

3 beds • 2 baths • 1547 sqft

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This property looks like a bad Airbnb investment with a projected -26.11% first-year return on $154k initial cash invested.

-26.11%

Cash On Cash

-0.04%

Cap Rate

-0.01

DSCR

$1,666

Rent

-$3,359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,666 income − $5,025 expenses = $3,359 out of pocket

Income$1,666Out of Pocket$3,359Mortgage P&I$3,270196%Property Taxes$75645%Insurance$19912%Management$25015%CapEx$674%Maintenance$674%Other$41625%

Investment Breakdown

|

Purchase Price

$650k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,495

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,666

Total Expenses

$5,025

Mortgage P&I

196%

$3,270

Property Taxes

45%

$756

Home Insurance

12%

$199

HOA

0%

$0

Property Management

15%

$250

CapEx

4%

$67

Vacancy

0%

$0

Maintenance

4%

$67

Other

25%

$416

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