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18 Carrie Drive, Howell, NJ 07731

3 beds • 3 baths • 1824 sqft

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This property looks like a bad Mid-Term investment with a projected -9.23% first-year return on $172k initial cash invested.

-9.23%

Cash On Cash

4.13%

Cap Rate

0.69

DSCR

$5,320

Rent

-$1,325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$735k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$147k

Closing costs

1%

$7,346

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,320

Total Expenses

$6,645

Mortgage P&I

68%

$3,641

Property Taxes

18%

$938

Home Insurance

5%

$257

HOA

0%

$0

Property Management

12%

$638

CapEx

4%

$213

Vacancy

3%

$160

Maintenance

4%

$213

Other

11%

$585

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