1136 Laurel blvd Boulevard, Lanoka Harbor, NJ 08734
3 beds • 2 baths • 2832 sqft
$865,100
View on ZillowThis property looks like a bad Long-Term investment with a projected -23.79% first-year return on $182k initial cash invested.
-23.79%
Cash On Cash
1.83%
Cap Rate
0.28
DSCR
$3,301
Rent
-$3,602
Cashflow
Cash Flow
$3,301 income − $6,903 expenses = $3,602 out of pocket
Investment Breakdown
|
Purchase Price
$865k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$182k
Downpayment
20%
$173k
Closing costs
1%
$8,651
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,301
Total Expenses
$6,903
Mortgage P&I
144%
$4,753
Property Taxes
30%
$984
Home Insurance
9%
$308
HOA
0%
$0
Property Management
10%
$330
CapEx
5%
$165
Vacancy
6%
$198
Maintenance
5%
$165
Other
0%
$0