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9 Oakmont Road, Lakewood, NJ 08701

3 beds • 3 baths • 2196 sqft

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This property looks like a bad Airbnb investment with a projected -24.04% first-year return on $207k initial cash invested.

-24.04%

Cash On Cash

0.39%

Cap Rate

0.07

DSCR

$2,618

Rent

-$4,143

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,618 income − $6,761 expenses = $4,143 out of pocket

Income$2,618Out of Pocket$4,143Mortgage P&I$4,332165%Property Taxes$61223%Insurance$31512%HOA$2459%Management$39315%CapEx$1054%Maintenance$1054%Other$65425%

Investment Breakdown

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Purchase Price

$899k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$207k

Downpayment

20%

$180k

Closing costs

1%

$8,990

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$2,618

Total Expenses

$6,761

Mortgage P&I

165%

$4,332

Property Taxes

23%

$612

Home Insurance

12%

$315

HOA

9%

$245

Property Management

15%

$393

CapEx

4%

$105

Vacancy

0%

$0

Maintenance

4%

$105

Other

25%

$654

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