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9 Margate Way, Waretown, NJ 08758

3 beds • 3 baths • 3068 sqft

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This property looks like a bad Airbnb investment with a projected -24.49% first-year return on $172k initial cash invested.

-24.49%

Cash On Cash

0.44%

Cap Rate

0.07

DSCR

$2,923

Rent

-$3,516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,347

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,923

Total Expenses

$6,439

Mortgage P&I

126%

$3,670

Property Taxes

28%

$815

Home Insurance

9%

$271

HOA

10%

$280

Property Management

15%

$438

CapEx

4%

$117

Vacancy

0%

$0

Maintenance

4%

$117

Other

25%

$731

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