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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 -20.06% first-year return on $171k initial cash invested.

-20.06%

Cash On Cash

1.5%

Cap Rate

0.25

DSCR

$3,447

Rent

-$2,861

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,447 income − $6,308 expenses = $2,861 out of pocket

Income$3,447Out of Pocket$2,861Mortgage P&I$3,636105%Property Taxes$76522%Insurance$2527%Management$51715%CapEx$1384%Maintenance$1384%Other$86225%

Investment Breakdown

|

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

$3,447

Total Expenses

$6,308

Mortgage P&I

105%

$3,636

Property Taxes

22%

$765

Home Insurance

7%

$252

HOA

0%

$0

Property Management

15%

$517

CapEx

4%

$138

Vacancy

0%

$0

Maintenance

4%

$138

Other

25%

$862

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