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$4,380 (target)

1691 Mill Creek Rd, Manahawkin, NJ 08050

3 beds • 2 baths • 1662 sqft

$1,124,400

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This property looks like a bad Mid-Term investment with a projected -22.68% first-year return on $254k initial cash invested.

-22.68%

Cash On Cash

1.43%

Cap Rate

0.22

DSCR

$4,380

Rent

-$4,802

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,380 income − $9,182 expenses = $4,802 out of pocket

Income$4,380Out of Pocket$4,802Mortgage P&I$5,966136%Property Taxes$1,29029%Insurance$43710%Management$52612%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%

Investment Breakdown

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Purchase Price

$1124k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$254k

Downpayment

20%

$225k

Closing costs

1%

$11,244

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$4,380

Total Expenses

$9,182

Mortgage P&I

136%

$5,966

Property Taxes

29%

$1,290

Home Insurance

10%

$437

HOA

0%

$0

Property Management

12%

$526

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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