1136 Laurel blvd Boulevard, Lanoka Harbor, NJ 08734
3 beds • 2 baths • 2832 sqft
$865,100
View on ZillowThis property looks like a bad Mid-Term investment with a projected -16.69% first-year return on $200k initial cash invested.
-16.69%
Cash On Cash
3.02%
Cap Rate
0.46
DSCR
$4,952
Rent
-$2,777
Cashflow
Cash Flow
$4,952 income − $7,729 expenses = $2,777 out of pocket
Investment Breakdown
|
Purchase Price
$865k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$173k
Closing costs
1%
$8,651
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,952
Total Expenses
$7,729
Mortgage P&I
96%
$4,753
Property Taxes
20%
$984
Home Insurance
6%
$308
HOA
0%
$0
Property Management
12%
$594
CapEx
4%
$198
Vacancy
3%
$149
Maintenance
4%
$198
Other
11%
$545