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$5,122 (target)

2021 Paterson Avenue, Whiting, NJ 08759

3 beds • 2 baths • 2260 sqft

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This property looks like a bad Mid-Term investment with a projected -4.14% first-year return on $148k initial cash invested.

-4.14%

Cash On Cash

5.5%

Cap Rate

0.9

DSCR

$5,122

Rent

-$511

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,122 income − $5,633 expenses = $511 out of pocket

Income$5,122Out of Pocket$511Mortgage P&I$3,14361%Property Taxes$52810%Insurance$2204%Management$61512%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56311%

Investment Breakdown

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Purchase Price

$619k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,191

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,122

Total Expenses

$5,633

Mortgage P&I

61%

$3,143

Property Taxes

10%

$528

Home Insurance

4%

$220

HOA

0%

$0

Property Management

12%

$615

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

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