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$3,873 (target)

1 Englewood Rd, Cape May, NJ 08204

3 beds • 4 baths • 1538 sqft

$1,728,500

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This property looks like a bad Mid-Term investment with a projected -23.66% first-year return on $381k initial cash invested.

-23.66%

Cash On Cash

1.04%

Cap Rate

0.17

DSCR

$3,873

Rent

-$7,513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,873 income − $11,386 expenses = $7,513 out of pocket

Income$3,873Out of Pocket$7,513Mortgage P&I$8,854229%Property Taxes$57515%Insurance$64017%Management$46512%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42611%

Investment Breakdown

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Purchase Price

$1729k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$381k

Downpayment

20%

$346k

Closing costs

1%

$17,285

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$3,873

Total Expenses

$11,386

Mortgage P&I

229%

$8,854

Property Taxes

15%

$575

Home Insurance

17%

$640

HOA

0%

$0

Property Management

12%

$465

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$426

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