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$4,689 (target)

21 Lewis Dr, Mays Landing, NJ 08330

3 beds • 3 baths • 2123 sqft

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This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $107k initial cash invested.

0.53%

Cash On Cash

6.52%

Cap Rate

1.11

DSCR

$4,689

Rent

$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,689 income − $4,642 expenses = $47 cash flow

Income$4,689Mortgage P&I$2,07844%Property Taxes$58312%Insurance$1453%HOA$2405%Management$56312%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51611%Cash Flow$47

Investment Breakdown

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Purchase Price

$426k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,120

Closing costs

1%

$4,256

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,689

Total Expenses

$4,642

Mortgage P&I

44%

$2,078

Property Taxes

12%

$583

Home Insurance

3%

$145

HOA

5%

$240

Property Management

12%

$563

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$516

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