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$5,022 (target)

1960 Breakers Drive, Barnegat, NJ 08005

3 beds • 3 baths • 1744 sqft

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This property looks like a bad Mid-Term investment with a projected -5.2% first-year return on $143k initial cash invested.

-5.2%

Cash On Cash

5.27%

Cap Rate

0.86

DSCR

$5,022

Rent

-$618

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,022 income − $5,640 expenses = $618 out of pocket

Income$5,022Out of Pocket$618Mortgage P&I$3,02660%Property Taxes$69614%Insurance$2104%Management$60312%CapEx$2014%Vacancy$1513%Maintenance$2014%Other$55211%

Investment Breakdown

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Purchase Price

$594k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$143k

Downpayment

20%

$119k

Closing costs

1%

$5,937

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,022

Total Expenses

$5,640

Mortgage P&I

60%

$3,026

Property Taxes

14%

$696

Home Insurance

4%

$210

HOA

0%

$0

Property Management

12%

$603

CapEx

4%

$201

Vacancy

3%

$151

Maintenance

4%

$201

Other

11%

$552

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