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$4,956 (target)

2013 Whitcomb Road, Forked River, NJ 08731

3 beds • 2 baths • 1350 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $117k initial cash invested.

2.46%

Cash On Cash

7.24%

Cap Rate

1.18

DSCR

$4,956

Rent

$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,956 income − $4,717 expenses = $239 cash flow

Income$4,956Mortgage P&I$2,39348%Property Taxes$4689%Insurance$1713%Management$59512%CapEx$1984%Vacancy$1493%Maintenance$1984%Other$54511%Cash Flow$239

Investment Breakdown

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Purchase Price

$469k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,840

Closing costs

1%

$4,692

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,956

Total Expenses

$4,717

Mortgage P&I

48%

$2,393

Property Taxes

9%

$468

Home Insurance

3%

$171

HOA

0%

$0

Property Management

12%

$595

CapEx

4%

$198

Vacancy

3%

$149

Maintenance

4%

$198

Other

11%

$545

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