12 Parkers Point Boulevard, Forked River, NJ 08731
3 beds • 2 baths • 2772 sqft
$526,700
View on ZillowThis property looks like a bad Long-Term investment with a projected -15.36% first-year return on $111k initial cash invested.
-15.36%
Cash On Cash
3.82%
Cap Rate
0.57
DSCR
$3,167
Rent
-$1,416
Cashflow
Cash Flow
$3,167 income − $4,583 expenses = $1,416 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$111k
Downpayment
20%
$105k
Closing costs
1%
$5,267
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,167
Total Expenses
$4,583
Mortgage P&I
93%
$2,934
Property Taxes
21%
$677
Home Insurance
5%
$149
HOA
0%
$0
Property Management
10%
$317
CapEx
5%
$158
Vacancy
6%
$190
Maintenance
5%
$158
Other
0%
$0