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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 Mid-Term investment with a projected -15.49% first-year return on $252k initial cash invested.
-15.49%
Cash On Cash
2.64%
Cap Rate
0.45
DSCR
$6,195
Rent
-$3,255
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Investment Breakdown
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Purchase Price
$1115k
Downpayment
20.0%
Interest Rate
6.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$252k
Downpayment
20%
$223k
Closing costs
1%
$11,153
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$6,195
Total Expenses
$9,450
Mortgage P&I
88%
$5,463
Property Taxes
18%
$1,128
Home Insurance
6%
$345
HOA
7%
$408
Property Management
12%
$743
CapEx
4%
$248
Vacancy
3%
$186
Maintenance
4%
$248
Other
11%
$681