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$4,920 (target)

2709 Bay Dr, Villas, NJ 08251

3 beds • 2 baths • sqft

$1,656,100

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This property looks like a bad Mid-Term investment with a projected -20.76% first-year return on $366k initial cash invested.

-20.76%

Cash On Cash

1.65%

Cap Rate

0.27

DSCR

$4,920

Rent

-$6,328

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,920 income − $11,248 expenses = $6,328 out of pocket

Income$4,920Out of Pocket$6,328Mortgage P&I$8,407171%Property Taxes$55611%Insurance$61212%Management$59012%CapEx$1974%Vacancy$1483%Maintenance$1974%Other$54111%

Investment Breakdown

|

Purchase Price

$1656k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$366k

Downpayment

20%

$331k

Closing costs

1%

$16,561

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$4,920

Total Expenses

$11,248

Mortgage P&I

171%

$8,407

Property Taxes

11%

$556

Home Insurance

12%

$612

HOA

0%

$0

Property Management

12%

$590

CapEx

4%

$197

Vacancy

3%

$148

Maintenance

4%

$197

Other

11%

$541

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