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$2,582 (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 Long-Term investment with a projected -26.97% first-year return on $363k initial cash invested.

-26.97%

Cash On Cash

0.57%

Cap Rate

0.09

DSCR

$2,582

Rent

-$8,158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,582 income − $10,740 expenses = $8,158 out of pocket

Income$2,582Out of Pocket$8,158Mortgage P&I$8,854343%Property Taxes$57522%Insurance$64025%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

|

Purchase Price

$1729k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$363k

Downpayment

20%

$346k

Closing costs

1%

$17,285

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,582

Total Expenses

$10,740

Mortgage P&I

343%

$8,854

Property Taxes

22%

$575

Home Insurance

25%

$640

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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