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8762 Ferry Rd, Millville, NJ 08332

3 beds • 2 baths • 1972 sqft

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This property looks like a bad Airbnb investment with a projected -2.48% first-year return on $72,474 initial cash invested.

-2.48%

Cash On Cash

5.91%

Cap Rate

0.98

DSCR

$3,247

Rent

-$150

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,247 income − $3,397 expenses = $150 out of pocket

Income$3,247Out of Pocket$150Mortgage P&I$1,29840%Property Taxes$41413%Insurance$1264%Management$48715%CapEx$1304%Maintenance$1304%Other$81225%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,474

Downpayment

20%

$51,880

Closing costs

1%

$2,594

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,247

Total Expenses

$3,397

Mortgage P&I

40%

$1,298

Property Taxes

13%

$414

Home Insurance

4%

$126

HOA

0%

$0

Property Management

15%

$487

CapEx

4%

$130

Vacancy

0%

$0

Maintenance

4%

$130

Other

25%

$812

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