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88 11th Ave, Mays Landing, NJ 08330

3 beds • 3 baths • 2281 sqft

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This property looks like a bad Airbnb investment with a projected -21.07% first-year return on $157k initial cash invested.

-21.07%

Cash On Cash

1.01%

Cap Rate

0.17

DSCR

$2,772

Rent

-$2,759

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$663k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$157k

Downpayment

20%

$133k

Closing costs

1%

$6,626

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,772

Total Expenses

$5,531

Mortgage P&I

116%

$3,204

Property Taxes

27%

$760

Home Insurance

9%

$236

HOA

0%

$0

Property Management

15%

$416

CapEx

4%

$111

Vacancy

0%

$0

Maintenance

4%

$111

Other

25%

$693

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