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14 Freedom Dr, Cape May, NJ 08204

3 beds • 2 baths • 2173 sqft

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This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $129k initial cash invested.

-15.31%

Cash On Cash

3.02%

Cap Rate

0.51

DSCR

$2,930

Rent

-$1,648

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$615k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$129k

Downpayment

20%

$123k

Closing costs

1%

$6,151

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,930

Total Expenses

$4,578

Mortgage P&I

104%

$3,050

Property Taxes

19%

$548

Home Insurance

7%

$219

HOA

0%

$0

Property Management

10%

$293

CapEx

5%

$146

Vacancy

6%

$176

Maintenance

5%

$146

Other

0%

$0

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