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$4,686 (target)

216 Montclair Road S, Barnegat, NJ 08005

3 beds • 2 baths • 1228 sqft

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This property looks like a bad Mid-Term investment with a projected -5.42% first-year return on $127k initial cash invested.

-5.42%

Cash On Cash

5.22%

Cap Rate

0.85

DSCR

$4,686

Rent

-$575

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,686 income − $5,261 expenses = $575 out of pocket

Income$4,686Out of Pocket$575Mortgage P&I$2,65357%Property Taxes$77116%Insurance$2455%Management$56212%CapEx$1874%Vacancy$1413%Maintenance$1874%Other$51511%

Investment Breakdown

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Purchase Price

$521k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,206

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,686

Total Expenses

$5,261

Mortgage P&I

57%

$2,653

Property Taxes

16%

$771

Home Insurance

5%

$245

HOA

0%

$0

Property Management

12%

$562

CapEx

4%

$187

Vacancy

3%

$141

Maintenance

4%

$187

Other

11%

$515

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