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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 -25.47% first-year return on $154k initial cash invested.

-25.47%

Cash On Cash

0.12%

Cap Rate

0.02

DSCR

$1,824

Rent

-$3,277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,824 income − $5,101 expenses = $3,277 out of pocket

Income$1,824Out of Pocket$3,277Mortgage P&I$3,270179%Property Taxes$75641%Insurance$19911%Management$27415%CapEx$734%Maintenance$734%Other$45625%

Investment Breakdown

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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

$1,824

Total Expenses

$5,101

Mortgage P&I

179%

$3,270

Property Taxes

41%

$756

Home Insurance

11%

$199

HOA

0%

$0

Property Management

15%

$274

CapEx

4%

$73

Vacancy

0%

$0

Maintenance

4%

$73

Other

25%

$456

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