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961 Buccaneer Lane, Manahawkin, NJ 08050

3 beds • 2 baths • 1759 sqft

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This property looks like a bad Airbnb investment with a projected -18.19% first-year return on $148k initial cash invested.

-18.19%

Cash On Cash

1.97%

Cap Rate

0.32

DSCR

$3,230

Rent

-$2,248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,230 income − $5,478 expenses = $2,248 out of pocket

Income$3,230Out of Pocket$2,248Mortgage P&I$3,13897%Property Taxes$57118%Insurance$2197%Management$48415%CapEx$1294%Maintenance$1294%Other$80825%

Investment Breakdown

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Purchase Price

$621k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,206

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,230

Total Expenses

$5,478

Mortgage P&I

97%

$3,138

Property Taxes

18%

$571

Home Insurance

7%

$219

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$808

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