12 Parkers Point Boulevard, Forked River, NJ 08731
3 beds • 2 baths • 2772 sqft
$526,700
View on ZillowThis property looks like a bad Mid-Term investment with a projected -5.82% first-year return on $129k initial cash invested.
-5.82%
Cash On Cash
5.7%
Cap Rate
0.85
DSCR
$4,750
Rent
-$624
Cashflow
Cash Flow
$4,750 income − $5,374 expenses = $624 out of pocket
Investment Breakdown
|
Purchase Price
$527k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$129k
Downpayment
20%
$105k
Closing costs
1%
$5,267
Rehab
0%
$0
Furnishing
3%
$18,000
Cashflow
Total Income
$4,750
Total Expenses
$5,374
Mortgage P&I
62%
$2,934
Property Taxes
14%
$677
Home Insurance
3%
$149
HOA
0%
$0
Property Management
12%
$570
CapEx
4%
$190
Vacancy
3%
$142
Maintenance
4%
$190
Other
11%
$522