118 E Highland Avenue, Atlantic Highlands, NJ 07716
3 beds • 3 baths • 2500 sqft
$899,800
View on ZillowThis property looks like a bad Mid-Term investment with a projected -9.68% first-year return on $207k initial cash invested.
-9.68%
Cash On Cash
4.23%
Cap Rate
0.69
DSCR
$6,400
Rent
-$1,669
Cashflow
Cash Flow
$6,400 income − $8,069 expenses = $1,669 out of pocket
Investment Breakdown
|
Purchase Price
$900k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$207k
Downpayment
20%
$180k
Closing costs
1%
$8,998
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,400
Total Expenses
$8,069
Mortgage P&I
72%
$4,584
Property Taxes
16%
$1,012
Home Insurance
5%
$297
HOA
0%
$0
Property Management
12%
$768
CapEx
4%
$256
Vacancy
3%
$192
Maintenance
4%
$256
Other
11%
$704