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1 N State St, Vineland, NJ 08360

3 beds • 2 baths • 2312 sqft

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This property looks like a bad Long-Term investment with a projected -9.64% first-year return on $80,871 initial cash invested.

-9.64%

Cash On Cash

4.28%

Cap Rate

0.72

DSCR

$2,490

Rent

-$650

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,871

Downpayment

20%

$77,020

Closing costs

1%

$3,851

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,490

Total Expenses

$3,140

Mortgage P&I

76%

$1,901

Property Taxes

18%

$457

Home Insurance

5%

$136

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

1108 E Landis Ave, Vineland, NJ 08360

$2,600

3

2.5

2424

0.3 mi

1036 S Spring Rd, Vineland, NJ 08361

$2,500

3

2

1873

1.6 mi

308 W Almond St, Vineland, NJ 08360

$2,375

3

2

1 mi

615 S 7th St, Vineland, NJ 08360

$1,950

3

1

2129

0.7 mi

104 W Rancho Del Cerro

$2,500

4

2

2380

1.3 mi

1255 S Forest Knoll St

$1,100

2

1

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

1255 S Forest Knoll St

$1,100

2

1

2020

0.9 mi

2022 S American St

$2,850

5

4

3030

0.6 mi

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