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$3,276 (target)

103 Cedar St, Millville, NJ 08332

3 beds • 2 baths • 1659 sqft

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This property could be a profitable Mid-Term investment with a projected 37.29% first-year return on $40,029 initial cash invested.

37.29%

Cash On Cash

22.07%

Cap Rate

3.48

DSCR

$3,276

Rent

$1,244

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $2,032 expenses = $1,244 cash flow

Income$3,276Mortgage P&I$55417%Property Taxes$32810%Insurance$371%Management$39312%CapEx$1314%Vacancy$983%Maintenance$1314%Other$36011%Cash Flow$1,244

Investment Breakdown

|

Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,029

Downpayment

20%

$20,980

Closing costs

1%

$1,049

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$3,276

Total Expenses

$2,032

Mortgage P&I

17%

$554

Property Taxes

10%

$328

Home Insurance

1%

$37

HOA

0%

$0

Property Management

12%

$393

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$360

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