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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 -24.4% first-year return on $153k initial cash invested.

-24.4%

Cash On Cash

0.46%

Cap Rate

0.07

DSCR

$1,966

Rent

-$3,114

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,966 income − $5,080 expenses = $3,114 out of pocket

Income$1,966Out of Pocket$3,114Mortgage P&I$3,281167%Property Taxes$62632%Insurance$22812%Management$29515%CapEx$794%Maintenance$794%Other$49225%

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

$1,966

Total Expenses

$5,080

Mortgage P&I

167%

$3,281

Property Taxes

32%

$626

Home Insurance

12%

$228

HOA

0%

$0

Property Management

15%

$295

CapEx

4%

$79

Vacancy

0%

$0

Maintenance

4%

$79

Other

25%

$492

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