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2601 Lantern Light Way, Wall Township, NJ 08736
3 beds • 3 baths • 2534 sqft
$1,115,300
View on ZillowThis property looks like a bad Long-Term investment with a projected -21.96% first-year return on $234k initial cash invested.
-21.96%
Cash On Cash
1.49%
Cap Rate
0.25
DSCR
$4,130
Rent
-$4,287
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
|
Purchase Price
$1115k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$234k
Downpayment
20%
$223k
Closing costs
1%
$11,153
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,130
Total Expenses
$8,417
Mortgage P&I
132%
$5,463
Property Taxes
27%
$1,128
Home Insurance
8%
$345
HOA
10%
$408
Property Management
10%
$413
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0