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$7,984 (target)

2 Borden Road, Middletown, NJ 07748

3 beds • 2 baths • 2258 sqft

$1,051,300

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This property looks like a bad Mid-Term investment with a projected -8.59% first-year return on $239k initial cash invested.

-8.59%

Cash On Cash

4.56%

Cap Rate

0.74

DSCR

$7,984

Rent

-$1,710

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,984 income − $9,694 expenses = $1,710 out of pocket

Income$7,984Out of Pocket$1,710Mortgage P&I$5,38567%Property Taxes$1,25216%Insurance$3434%Management$95812%CapEx$3194%Vacancy$2403%Maintenance$3194%Other$87811%

Investment Breakdown

|

Purchase Price

$1051k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$239k

Downpayment

20%

$210k

Closing costs

1%

$10,513

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$7,984

Total Expenses

$9,694

Mortgage P&I

67%

$5,385

Property Taxes

16%

$1,252

Home Insurance

4%

$343

HOA

0%

$0

Property Management

12%

$958

CapEx

4%

$319

Vacancy

3%

$240

Maintenance

4%

$319

Other

11%

$878

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