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$4,227 (target)

1135 Washington St, Cape May, NJ 08204

3 beds • 2 baths • 1741 sqft

$1,719,900

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This property looks like a bad Mid-Term investment with a projected -24.95% first-year return on $379k initial cash invested.

-24.95%

Cash On Cash

1.33%

Cap Rate

0.2

DSCR

$4,227

Rent

-$7,884

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,227 income − $12,111 expenses = $7,884 out of pocket

Income$4,227Out of Pocket$7,884Mortgage P&I$9,625228%Property Taxes$41910%Insurance$63015%Management$50712%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46511%

Investment Breakdown

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Purchase Price

$1720k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$379k

Downpayment

20%

$344k

Closing costs

1%

$17,199

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,227

Total Expenses

$12,111

Mortgage P&I

228%

$9,625

Property Taxes

10%

$419

Home Insurance

15%

$630

HOA

0%

$0

Property Management

12%

$507

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$465

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