This property looks like a bad Long-Term investment with a projected -15.73% first-year return on $167k initial cash invested.
-15.73%
Cash On Cash
3.49%
Cap Rate
0.54
DSCR
$4,640
Rent
-$2,192
Cashflow
Cash Flow
$4,640 income − $6,832 expenses = $2,192 out of pocket
Investment Breakdown
|
Purchase Price
$796k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$167k
Downpayment
20%
$159k
Closing costs
1%
$7,961
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,640
Total Expenses
$6,832
Mortgage P&I
92%
$4,277
Property Taxes
24%
$1,099
Home Insurance
5%
$250
HOA
0%
$0
Property Management
10%
$464
CapEx
5%
$232
Vacancy
6%
$278
Maintenance
5%
$232
Other
0%
$0
Loading map...
Comparable Property | Rent | Beds | Baths | SQFT | Distance |
|---|---|---|---|---|---|
16 Walnut Ter, Bloomfield, NJ 07003 | $2,150 | 2 | 1 | 1032 | 0.4 mi |
15 Wright Ct, Unit 2, Bloomfield, NJ 07003 | $2,400 | 2 | 1 | 1000 | 0.4 mi |
243 Franklin St, # 1FLOOR, Bloomfield, NJ 07003 | $2,500 | 2 | 1 | 922 | 0.2 mi |
Projection Charts
Investment Value YoY