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87 Sherman Pl, Jersey City, NJ 07307

3 beds • 3 baths • 1860 sqft

$1,750,000

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This property looks like a bad Airbnb investment with a projected -21.48% first-year return on $386k initial cash invested.

-21.48%

Cash On Cash

1.48%

Cap Rate

0.25

DSCR

$6,728

Rent

-$6,899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$1750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$386k

Downpayment

20%

$350k

Closing costs

1%

$17,500

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,728

Total Expenses

$13,627

Mortgage P&I

131%

$8,784

Property Taxes

15%

$1,002

Home Insurance

9%

$612

HOA

0%

$0

Property Management

15%

$1,009

CapEx

4%

$269

Vacancy

0%

$0

Maintenance

4%

$269

Other

25%

$1,682

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