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$5,931 (target)

294 Leonardville Road, Belford, NJ 07718

3 beds • 2 baths • 1430 sqft

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This property looks like a bad Mid-Term investment with a projected -4.4% first-year return on $169k initial cash invested.

-4.4%

Cash On Cash

5.41%

Cap Rate

0.89

DSCR

$5,931

Rent

-$619

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,931 income − $6,550 expenses = $619 out of pocket

Income$5,931Out of Pocket$619Mortgage P&I$3,62261%Property Taxes$66711%Insurance$2454%Management$71212%CapEx$2374%Vacancy$1783%Maintenance$2374%Other$65211%

Investment Breakdown

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Purchase Price

$718k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$169k

Downpayment

20%

$144k

Closing costs

1%

$7,182

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,931

Total Expenses

$6,550

Mortgage P&I

61%

$3,622

Property Taxes

11%

$667

Home Insurance

4%

$245

HOA

0%

$0

Property Management

12%

$712

CapEx

4%

$237

Vacancy

3%

$178

Maintenance

4%

$237

Other

11%

$652

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