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96 Oakland Dr, Pittsgrove, NJ 08318

3 beds • 2 baths • 2777 sqft

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This property looks like a bad Airbnb investment with a projected -15.08% first-year return on $119k initial cash invested.

-15.08%

Cash On Cash

2.5%

Cap Rate

0.42

DSCR

$3,560

Rent

-$1,502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$119k

Downpayment

20%

$96,660

Closing costs

1%

$4,833

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,560

Total Expenses

$5,062

Mortgage P&I

66%

$2,365

Property Taxes

23%

$817

Home Insurance

5%

$172

HOA

0%

$0

Property Management

15%

$534

CapEx

4%

$142

Vacancy

0%

$0

Maintenance

4%

$142

Other

25%

$890

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