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27 Landry Rd, Somerset, NJ 08873

3 beds • 2 baths • 0 sqft

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This property looks like a bad Mid-Term investment with a projected -1.67% first-year return on $138k initial cash invested.

-1.67%

Cash On Cash

5.87%

Cap Rate

1.01

DSCR

$5,308

Rent

-$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$570k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$138k

Downpayment

20%

$114k

Closing costs

1%

$5,700

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,308

Total Expenses

$5,500

Mortgage P&I

52%

$2,768

Property Taxes

14%

$728

Home Insurance

4%

$200

HOA

0%

$0

Property Management

12%

$637

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$584

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