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$3,882 (target)

2022 Blaine Ave, Atlantic City, NJ 08401

3 beds • 2 baths • 1320 sqft

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This property could be a profitable Mid-Term investment with a projected 12.57% first-year return on $73,692 initial cash invested.

12.57%

Cash On Cash

10.62%

Cap Rate

1.65

DSCR

$3,882

Rent

$772

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,882 income − $3,110 expenses = $772 cash flow

Income$3,882Mortgage P&I$1,41937%Property Taxes$2787%Insurance$942%Management$46612%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42711%Cash Flow$772

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,692

Downpayment

20%

$53,040

Closing costs

1%

$2,652

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,882

Total Expenses

$3,110

Mortgage P&I

37%

$1,419

Property Taxes

7%

$278

Home Insurance

2%

$94

HOA

0%

$0

Property Management

12%

$466

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$427

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