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$5,055 (target)

1296 Cypress Street, Forked River, NJ 08731

3 beds • 2 baths • 1392 sqft

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This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $116k initial cash invested.

3.04%

Cash On Cash

7.33%

Cap Rate

1.21

DSCR

$5,055

Rent

$294

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,055 income − $4,761 expenses = $294 cash flow

Income$5,055Mortgage P&I$2,36147%Property Taxes$51810%Insurance$1633%Management$60712%CapEx$2024%Vacancy$1523%Maintenance$2024%Other$55611%Cash Flow$294

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,520

Closing costs

1%

$4,676

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,055

Total Expenses

$4,761

Mortgage P&I

47%

$2,361

Property Taxes

10%

$518

Home Insurance

3%

$163

HOA

0%

$0

Property Management

12%

$607

CapEx

4%

$202

Vacancy

3%

$152

Maintenance

4%

$202

Other

11%

$556

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