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$4,524 (target)

13 Shoveler Ln, Manahawkin, NJ 08050

3 beds • 3 baths • 1929 sqft

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This property looks like a bad Mid-Term investment with a projected -7.71% first-year return on $151k initial cash invested.

-7.71%

Cash On Cash

4.53%

Cap Rate

0.75

DSCR

$4,524

Rent

-$973

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,524 income − $5,497 expenses = $973 out of pocket

Income$4,524Out of Pocket$973Mortgage P&I$3,19071%Property Taxes$54912%Insurance$2195%Management$54312%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49811%

Investment Breakdown

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Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$127k

Closing costs

1%

$6,354

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,524

Total Expenses

$5,497

Mortgage P&I

71%

$3,190

Property Taxes

12%

$549

Home Insurance

5%

$219

HOA

0%

$0

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$498

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