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91 Coral Drive, Brick, NJ 08724

3 beds • 2 baths • 1388 sqft

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This property looks like a bad Airbnb investment with a projected -24.9% first-year return on $153k initial cash invested.

-24.9%

Cash On Cash

0.33%

Cap Rate

0.05

DSCR

$1,843

Rent

-$3,177

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,843 income − $5,020 expenses = $3,177 out of pocket

Income$1,843Out of Pocket$3,177Mortgage P&I$3,281178%Property Taxes$62634%Insurance$22812%Management$27615%CapEx$744%Maintenance$744%Other$46125%

Investment Breakdown

|

Purchase Price

$644k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$153k

Downpayment

20%

$129k

Closing costs

1%

$6,435

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$1,843

Total Expenses

$5,020

Mortgage P&I

178%

$3,281

Property Taxes

34%

$626

Home Insurance

12%

$228

HOA

0%

$0

Property Management

15%

$276

CapEx

4%

$74

Vacancy

0%

$0

Maintenance

4%

$74

Other

25%

$461

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