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$2,868 (target)

1711 Coventry Way, Millville, NJ 08332

3 beds • 2 baths • 1456 sqft

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This property could be a profitable Mid-Term investment with a projected 10.06% first-year return on $59,874 initial cash invested.

10.06%

Cash On Cash

9.91%

Cap Rate

1.6

DSCR

$2,868

Rent

$502

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,868 income − $2,366 expenses = $502 cash flow

Income$2,868Mortgage P&I$1,03036%Property Taxes$29810%Insurance$632%Management$34412%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31511%Cash Flow$502

Investment Breakdown

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Purchase Price

$199k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,874

Downpayment

20%

$39,880

Closing costs

1%

$1,994

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,868

Total Expenses

$2,366

Mortgage P&I

36%

$1,030

Property Taxes

10%

$298

Home Insurance

2%

$63

HOA

0%

$0

Property Management

12%

$344

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$315

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