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$6,868 (target)

151 Spring Lake Boulevard, Waretown, NJ 08758

3 beds • 3 baths • 3188 sqft

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This property looks like a bad Mid-Term investment with a projected -6.83% first-year return on $191k initial cash invested.

-6.83%

Cash On Cash

4.91%

Cap Rate

0.81

DSCR

$6,868

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,868 income − $7,953 expenses = $1,085 out of pocket

Income$6,868Out of Pocket$1,085Mortgage P&I$4,17761%Property Taxes$86713%Insurance$2944%HOA$2804%Management$82412%CapEx$2754%Vacancy$2063%Maintenance$2754%Other$75511%

Investment Breakdown

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Purchase Price

$822k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$191k

Downpayment

20%

$164k

Closing costs

1%

$8,224

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,868

Total Expenses

$7,953

Mortgage P&I

61%

$4,177

Property Taxes

13%

$867

Home Insurance

4%

$294

HOA

4%

$280

Property Management

12%

$824

CapEx

4%

$275

Vacancy

3%

$206

Maintenance

4%

$275

Other

11%

$755

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