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906 Sea Girt Avenue, Wall Township, NJ 08750

3 beds • 3 baths • 2704 sqft

$1,990,000

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This property looks like a bad Airbnb investment with a projected -28.05% first-year return on $436k initial cash invested.

-28.05%

Cash On Cash

0.12%

Cap Rate

0.02

DSCR

$3,840

Rent

-$10,190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,840 income − $14,030 expenses = $10,190 out of pocket

Income$3,840Out of Pocket$10,190Mortgage P&I$10,230266%Property Taxes$1,33735%Insurance$61916%Management$57615%CapEx$1544%Maintenance$1544%Other$96025%

Investment Breakdown

|

Purchase Price

$1990k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$436k

Downpayment

20%

$398k

Closing costs

1%

$19,900

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$14,030

Mortgage P&I

266%

$10,230

Property Taxes

35%

$1,337

Home Insurance

16%

$619

HOA

0%

$0

Property Management

15%

$576

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$960

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