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106 17th Avenue, Belmar, NJ 07719

3 beds • 2 baths • 1792 sqft

$1,505,000

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This property looks like a bad Mid-Term investment with a projected -18.27% first-year return on $334k initial cash invested.

-18.27%

Cash On Cash

1.85%

Cap Rate

0.32

DSCR

$5,524

Rent

-$5,086

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$1505k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$334k

Downpayment

20%

$301k

Closing costs

1%

$15,050

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$5,524

Total Expenses

$10,610

Mortgage P&I

130%

$7,185

Property Taxes

18%

$1,021

Home Insurance

10%

$525

HOA

0%

$0

Property Management

12%

$663

CapEx

4%

$221

Vacancy

3%

$166

Maintenance

4%

$221

Other

11%

$608

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