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$5,844 (target)

122 Skyline Drive, Lakewood, NJ 08701

3 beds • 3 baths • 2971 sqft

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This property looks like a bad Mid-Term investment with a projected -12.73% first-year return on $221k initial cash invested.

-12.73%

Cash On Cash

3.36%

Cap Rate

0.56

DSCR

$5,844

Rent

-$2,349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,844 income − $8,193 expenses = $2,349 out of pocket

Income$5,844Out of Pocket$2,349Mortgage P&I$4,83183%Property Taxes$78213%Insurance$3436%HOA$2504%Management$70112%CapEx$2344%Vacancy$1753%Maintenance$2344%Other$64311%

Investment Breakdown

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Purchase Price

$969k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$221k

Downpayment

20%

$194k

Closing costs

1%

$9,689

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,844

Total Expenses

$8,193

Mortgage P&I

83%

$4,831

Property Taxes

13%

$782

Home Insurance

6%

$343

HOA

4%

$250

Property Management

12%

$701

CapEx

4%

$234

Vacancy

3%

$175

Maintenance

4%

$234

Other

11%

$643

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