118 E Highland Avenue, Atlantic Highlands, NJ 07716
3 beds • 3 baths • 2500 sqft
$899,800
View on ZillowThis property looks like a bad Long-Term investment with a projected -17.37% first-year return on $189k initial cash invested.
-17.37%
Cash On Cash
2.75%
Cap Rate
0.45
DSCR
$4,267
Rent
-$2,735
Cashflow
Cash Flow
$4,267 income − $7,002 expenses = $2,735 out of pocket
Investment Breakdown
|
Purchase Price
$900k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$189k
Downpayment
20%
$180k
Closing costs
1%
$8,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,267
Total Expenses
$7,002
Mortgage P&I
107%
$4,584
Property Taxes
24%
$1,012
Home Insurance
7%
$297
HOA
0%
$0
Property Management
10%
$427
CapEx
5%
$213
Vacancy
6%
$256
Maintenance
5%
$213
Other
0%
$0