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$3,338 (target)

1709 Coventry Way, Millville, NJ 08332

3 beds • 2 baths • 1472 sqft

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This property could be a profitable Mid-Term investment with a projected 25.16% first-year return on $51,453 initial cash invested.

25.16%

Cash On Cash

15.34%

Cap Rate

2.47

DSCR

$3,338

Rent

$1,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,338 income − $2,259 expenses = $1,079 cash flow

Income$3,338Mortgage P&I$82325%Property Taxes$2447%Insurance$562%Management$40112%CapEx$1344%Vacancy$1003%Maintenance$1344%Other$36711%Cash Flow$1,079

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,453

Downpayment

20%

$31,860

Closing costs

1%

$1,593

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,338

Total Expenses

$2,259

Mortgage P&I

25%

$823

Property Taxes

7%

$244

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$401

CapEx

4%

$134

Vacancy

3%

$100

Maintenance

4%

$134

Other

11%

$367

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