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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 -21.65% first-year return on $157k initial cash invested.

-21.65%

Cash On Cash

0.86%

Cap Rate

0.15

DSCR

$2,625

Rent

-$2,835

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,625 income − $5,460 expenses = $2,835 out of pocket

Income$2,625Out of Pocket$2,835Mortgage P&I$3,204122%Property Taxes$76029%Insurance$2369%Management$39415%CapEx$1054%Maintenance$1054%Other$65625%

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

$2,625

Total Expenses

$5,460

Mortgage P&I

122%

$3,204

Property Taxes

29%

$760

Home Insurance

9%

$236

HOA

0%

$0

Property Management

15%

$394

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$656

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