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$3,651 (target)

2 12th St, Burlington, NJ 08016

3 beds • 2 baths • 1038 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $85,179 initial cash invested.

3.47%

Cash On Cash

7.54%

Cap Rate

1.24

DSCR

$3,651

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,651 income − $3,405 expenses = $246 cash flow

Income$3,651Mortgage P&I$1,61744%Property Taxes$42412%Insurance$1223%Management$43812%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$246

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,651

Total Expenses

$3,405

Mortgage P&I

44%

$1,617

Property Taxes

12%

$424

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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