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980 Gates Ave, Piscataway, NJ 08854

3 beds • 3 baths • 1620 sqft

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This property looks like a bad Airbnb investment with a projected -20.86% first-year return on $171k initial cash invested.

-20.86%

Cash On Cash

1.3%

Cap Rate

0.22

DSCR

$3,227

Rent

-$2,975

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,227 income − $6,202 expenses = $2,975 out of pocket

Income$3,227Out of Pocket$2,975Mortgage P&I$3,636113%Property Taxes$76524%Insurance$2528%Management$48415%CapEx$1294%Maintenance$1294%Other$80725%

Investment Breakdown

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Purchase Price

$729k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$171k

Downpayment

20%

$146k

Closing costs

1%

$7,292

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$3,227

Total Expenses

$6,202

Mortgage P&I

113%

$3,636

Property Taxes

24%

$765

Home Insurance

8%

$252

HOA

0%

$0

Property Management

15%

$484

CapEx

4%

$129

Vacancy

0%

$0

Maintenance

4%

$129

Other

25%

$807

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