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$4,978 (target)

1409 Edgemere Ave, Forked River, NJ 08731

3 beds • 2 baths • 1446 sqft

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This property might be a fair Mid-Term investment with a projected 1.99% first-year return on $124k initial cash invested.

1.99%

Cash On Cash

6.82%

Cap Rate

1.16

DSCR

$4,978

Rent

$206

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,978 income − $4,772 expenses = $206 cash flow

Income$4,978Mortgage P&I$2,47250%Property Taxes$4269%Insurance$1824%Management$59712%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54811%Cash Flow$206

Investment Breakdown

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Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,063

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,978

Total Expenses

$4,772

Mortgage P&I

50%

$2,472

Property Taxes

9%

$426

Home Insurance

4%

$182

HOA

0%

$0

Property Management

12%

$597

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$548

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