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90 South Street, Red Bank, NJ 07701

3 beds • 2 baths • 1911 sqft

$1,179,900

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This property looks like a bad Airbnb investment with a projected -28.33% first-year return on $266k initial cash invested.

-28.33%

Cash On Cash

-0.13%

Cap Rate

-0.02

DSCR

$3,188

Rent

-$6,275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,188 income − $9,463 expenses = $6,275 out of pocket

Income$3,188Out of Pocket$6,275Mortgage P&I$6,019189%Property Taxes$1,42545%Insurance$48815%Management$47815%CapEx$1284%Maintenance$1284%Other$79725%

Investment Breakdown

|

Purchase Price

$1180k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$266k

Downpayment

20%

$236k

Closing costs

1%

$11,799

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,188

Total Expenses

$9,463

Mortgage P&I

189%

$6,019

Property Taxes

45%

$1,425

Home Insurance

15%

$488

HOA

0%

$0

Property Management

15%

$478

CapEx

4%

$128

Vacancy

0%

$0

Maintenance

4%

$128

Other

25%

$797

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