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$5,654 (target)

28 Hopemont Dr, Mount Laurel, NJ 08054

3 beds • 2 baths • 2394 sqft

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This property looks like a bad Mid-Term investment with a projected -3.86% first-year return on $148k initial cash invested.

-3.86%

Cash On Cash

5.56%

Cap Rate

0.92

DSCR

$5,654

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,654 income − $6,130 expenses = $476 out of pocket

Income$5,654Out of Pocket$476Mortgage P&I$3,12255%Property Taxes$87215%Insurance$2144%Management$67812%CapEx$2264%Vacancy$1703%Maintenance$2264%Other$62211%

Investment Breakdown

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Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$148k

Downpayment

20%

$124k

Closing costs

1%

$6,196

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,654

Total Expenses

$6,130

Mortgage P&I

55%

$3,122

Property Taxes

15%

$872

Home Insurance

4%

$214

HOA

0%

$0

Property Management

12%

$678

CapEx

4%

$226

Vacancy

3%

$170

Maintenance

4%

$226

Other

11%

$622

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